메뉴 건너뛰기




Volumn 13, Issue 4, 1999, Pages 401-416

Chaebol, investment opportunity set and corporate debt and dividend policies of Korean companies

Author keywords

Chaebol; Contracting; Corporate policies; Growth opportunities; Korean markets

Indexed keywords


EID: 0011733155     PISSN: 0924865X     EISSN: 15737179     Source Type: Journal    
DOI: 10.1023/A:1008397808221     Document Type: Article
Times cited : (30)

References (27)
  • 2
    • 38249004422 scopus 로고
    • Growth, Corporate Policies, and the Investment Opportunity Set
    • Baker, G.P., "Growth, Corporate Policies, and the Investment Opportunity Set." Journal of Accounting and Economics 16, 161-165, (1993).
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 161-165
    • Baker, G.P.1
  • 4
    • 53149094056 scopus 로고
    • South Korea: 'National Strategy' and Economic Performance
    • Brady, T.A., "South Korea: 'National Strategy' and Economic Performance." Review of Business 7, 21-23, (1985).
    • (1985) Review of Business , vol.7 , pp. 21-23
    • Brady, T.A.1
  • 5
    • 0002927460 scopus 로고
    • Investment Options, Assets in Place, and the Risk of Stocks
    • Chung, K.K. and C Charoenwong, "Investment Options, Assets in Place, and the Risk of Stocks." Financial Management 20, 21-33, (1991).
    • (1991) Financial Management , vol.20 , pp. 21-33
    • Chung, K.K.1    Charoenwong, C.2
  • 7
    • 0010690266 scopus 로고
    • An Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients
    • Collins, D.W. and S.P. Kothari, "An Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients." Journal of Accounting and Economics 11, 143-181, (1989).
    • (1989) Journal of Accounting and Economics , vol.11 , pp. 143-181
    • Collins, D.W.1    Kothari, S.P.2
  • 9
    • 53149085750 scopus 로고
    • Korea-United States: Korea's Economic Policies and Prospects for the 1980's
    • Duck-Woo, N., "Korea-United States: Korea's Economic Policies and Prospects for the 1980's." Forbes 128, 175-186, (1981).
    • (1981) Forbes , vol.128 , pp. 175-186
    • Duck-Woo, N.1
  • 10
    • 0001413464 scopus 로고
    • Two Agency Cost Explanations of Dividends
    • Easterbrook, E.H., "Two Agency Cost Explanations of Dividends." American Economic Review IA, 650-659, (1984).
    • (1984) American Economic Review , vol.74 , pp. 650-659
    • Easterbrook, E.H.1
  • 11
    • 43949176471 scopus 로고
    • Additional Evidence on the Association between the Investment Opportunity Set and Corporate Financing, Dividend and Compensation Policies
    • Gaver, J.J. and K.M. Gaver, "Additional Evidence on the Association between the Investment Opportunity Set and Corporate Financing, Dividend and Compensation Policies." Journal of Accounting and Economics 16, 125-160, (1993).
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 125-160
    • Gaver, J.J.1    Gaver, K.M.2
  • 13
    • 0043028839 scopus 로고    scopus 로고
    • Growth Opportunities, Capital Structure and Dividend Policies in Japan
    • Gul, F.A., "Growth Opportunities, Capital Structure and Dividend Policies in Japan." Journal of Corporate Finance 5, 141-168, (1999).
    • (1999) Journal of Corporate Finance , vol.5 , pp. 141-168
    • Gul, F.A.1
  • 15
    • 0001066475 scopus 로고
    • Agency Cost of Free Cash Flow, Corporate Finance, and Takeovers
    • Jensen, M.C., "Agency Cost of Free Cash Flow, Corporate Finance, and Takeovers." American Economic Review 323-339, (1986).
    • (1986) American Economic Review , pp. 323-339
    • Jensen, M.C.1
  • 16
    • 44649197264 scopus 로고
    • Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
    • Jensen, M.C. and W.H. Meckling, "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure." Journal of Financial Economics 3, 305-360, (1976).
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 17
    • 49449125071 scopus 로고
    • Determinants of Corporate Borrowing
    • Myers, S.C., "Determinants of Corporate Borrowing." Journal of Financial Economics 5, 147-175, (1977).
    • (1977) Journal of Financial Economics , vol.5 , pp. 147-175
    • Myers, S.C.1
  • 18
    • 48549110620 scopus 로고
    • Corporate Financing and Investment Decisions When Firms Have Information that Investors Do Not Have
    • Myers, S.C., and Nicholas S. Majluf, "Corporate Financing and Investment Decisions When Firms Have Information that Investors Do Not Have." Journal of Financial Economics 13, 187-121, (1984).
    • (1984) Journal of Financial Economics , vol.13 , pp. 187-1121
    • Myers, S.C.A.1    Majluf, N.S.2
  • 19
    • 0002520230 scopus 로고
    • The Economic Role of Financial Corporate Grouping
    • edited by Masahiko Aoki New York: North-Holland
    • Nakatani, L., "The Economic Role of Financial Corporate Grouping", edited by Masahiko Aoki in The Economic Analysis of the Japanese Firm, New York: North-Holland, 1984.
    • (1984) The Economic Analysis of the Japanese Firm
    • Nakatani, L.1
  • 20
    • 84986465448 scopus 로고
    • Growth, Beta and Agency Costs as Determinants of Dividend Payout Ratios
    • Rozeff, M.S., "Growth, Beta and Agency Costs as Determinants of Dividend Payout Ratios." Journal of Financial Research 5, 249-259, (1982).
    • (1982) Journal of Financial Research , vol.5 , pp. 249-259
    • Rozeff, M.S.1
  • 22
    • 2342505938 scopus 로고
    • The Investment Opportunity Set and Corporate Financing, Dividend and Compensation Policies
    • Smith, C.W., Jr. and R.L. Watts, "The Investment Opportunity Set and Corporate Financing, Dividend and Compensation Policies." Journal of Financial Economics 32, 263-292, (1992).
    • (1992) Journal of Financial Economics , vol.32 , pp. 263-292
    • Smith Jr., C.W.1    Watts, R.L.2
  • 23
  • 24
  • 25
    • 0003962632 scopus 로고    scopus 로고
    • November 14-20
    • The Economist, November 14-20, 1998.
    • (1998) The Economist
  • 26
    • 84977737536 scopus 로고
    • The Determinants of Capital Structure Choice
    • Titman, S. and R. Wessels, "The Determinants of Capital Structure Choice." The Journal of Finance 43, 1-19, (1988).
    • (1988) The Journal of Finance , vol.43 , pp. 1-19
    • Titman, S.1    Wessels, R.2
  • 27
    • 84968237306 scopus 로고
    • Management Style and Practice of Korean Chaebols
    • Yoo, S. and S.M. Lee, "Management Style and Practice of Korean Chaebols." California Management Review 29, 95-110, (1987).
    • (1987) California Management Review , vol.29 , pp. 95-110
    • Yoo, S.1    Lee, S.M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.