Thursday, August 5, 2010

Indicators To Assess Chaebols’ Role and Performance

Much literature on Chaebols tends to focus on its own growth strategy, its business/capital/governance structure, and management practices. Yet, there are some underlying issues missing re Chaebols’ role and performance in the overall economic/social/political/technological landscape of Korea.

Some sample questions would be:

-How have they contributed to the job/income growth of Korea?

-How have they contributed to building industrial capacity?

-To what extent have technology competence generated technology spillover effects?

-How have they contributed to entrepreneurial growth?

-To what extent have their structural problems got fixed since the 1997 financial crisis?

-Where has their profit recovery come from since the 1997 financial crisis?

-What effects have Chaebols becoming MNCs had on the Korean economy?

Specific indicators associated with these questions need to be analyzed.

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