The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Strategy, Structure and Performance of Korean Business Groups: A Transactions Cost Approach
Abstract
The authors use the transactions cost approach to analyze the diversification strategy and the resulting structure chosen by Korean business groups to overcome market imperfections prevalent in developing countries. Business groups that have multidivisional struc ture are thought to show superior economic performance because such s tructure reduces transactions costs arising from organizational failure. Also, major Korean business groups have a "relational structure, " showing both vertical integration and the characteristics of the conglomerate. The authors modify the model of R. E. Caves and M. Uekusa (1976), used for Japan, to obtain the empirical result tha t group-affiliated firms show superior economic performance. Copyright 1988 by Blackwell Publishing Ltd.
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Cites
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
Cited by
Hitt, M. A., Hoskisson, R. E., & Kim, H. (1997) · Academy of Management Journal · doi:10.2307/256948 · Cited by 2,855
Hoskisson, R. E., & Hitt, M. A. (1990) · Journal of Management · doi:10.1177/014920639001600210 · Cited by 560
OWNERSHIP STRUCTURE, EXPROPRIATION, AND PERFORMANCE OF GROUP-AFFILIATED COMPANIES IN KOREA.
Chang, S. J. (2003) · Academy of Management Journal · doi:10.2307/30040617 · Cited by 550
Self-citationBusiness Groups in Emerging Markets: Paragons or Parasites?
Khanna, T., & Yafeh, Y. (2005) · SSRN Electronic Journal · doi:10.2139/ssrn.787625 · Cited by 256
Metadata
- Authors
- Chang, S. J., & Choi, U.
- Venue
- The Journal of Industrial Economics
- Publisher
- JSTOR
- Published
- 1988-12
- Volume
- 37
- Issue
- 2
- Pages
- 141
- ISSN
- 0022-1821 (ISSN-L)
- OpenAlex
- W2088129573
- Cited by
- 390
- References
- 1
- FWCI
- 9.99
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.