The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
How much does the business group matter in Korea?
Abstract
We partition the variances of profits of the companies associated with Korean business groups into business group‐specific effects, industry effects, and affiliate company‐specific effects, which roughly match corporate‐parent effects, industry effects and business unit effects, respectively, in the extant literature. We find substantial corporate‐parent effects (here, business group effects) along with industry effects and business unit effects (here, affiliate company‐specific effects). This finding may indicate that business groups play an important role in developing countries by circumventing market inefficiencies. Our results also suggest that these effects tend to be smaller in large business groups and to decrease over time. Copyright © 2002 John Wiley & Sons, Ltd.
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Cites
Strategic Factor Markets: Expectations, Luck, and Business Strategy
Barney, J. B. (1986) · Management Science · doi:10.1287/mnsc.32.10.1231 · Cited by 5,548
Searle, S. R., Casella, G., & McCulloch, C. E. (1992) · Wiley Series in Probability and Statistics · doi:10.1002/9780470316856 · Cited by 1,926
Cited by
Strategy Research in Emerging Economies: Challenging the Conventional Wisdom*
Wright, M., Filatotchev, I., Hoskisson, R. E., & Peng, M. W. (2005) · Journal of Management Studies · doi:10.1111/j.1467-6486.2005.00487.x · Cited by 1,843
Business Groups in Emerging Markets: Paragons or Parasites?
Khanna, T., & Yafeh, Y. (2005) · SSRN Electronic Journal · doi:10.2139/ssrn.787625 · Cited by 256
Business group characteristics and affiliated firm innovation: The case of Taiwan
Hsieh, T.-J., Yeh, R.-S., & Chen, Y.-J. (2010) · Industrial Marketing Management · doi:10.1016/j.indmarman.2008.12.018 · Cited by 110
Metadata
- Authors
- Chang, S. J., & Hong, J.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2002-01-16
- Volume
- 23
- Issue
- 3
- Pages
- 265-274
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2139047515
- Cited by
- 244
- References
- 2
- FWCI
- 13.04
- Type
- journal article
- Language
- en
- Open access
- closed
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