Reform of corporate governance

Economic Crisis and Corporate Restructuring in Korea: Reforming the Chaebol

Volumn , Issue , 2013, Pages 286-306

  Cho, Myeong Hyeon ^a,b  

^a Korea University   (South Korea)

^b VANDERBILT UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84923477438     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1017/CBO9781139085083.014     Document Type: Chapter

References (11)

1. Easterbrook, H. 1984. "Two Agency-cost Explanations of Dividends," American Economic Review, 78: 650-9.
2. Fama, Eugene. 1980. "Agency Problems and the Theory of the Firm," Journal of Political Economy, 88: 288-307.
3. Jang, Hasung. 2000. "An Analysis of Effect of Corporate Restructuring after Economic Crisis," Working Paper. Seoul: Korea University.
4. Jensen, Michael, and Meckling, William. 1976. "The Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure," Journal of Financial Economics, 3: 305-60.
5. Korea Development Institute. 1999. "Corporate Governance in Asia." Seoul: Korea.
6. Korea Stock Exchange. 2000. "Survey Results on the Outside Director System.".
7. McConnell, John, and Servaes, Henri 1990. "Additional Evidence on Equity Ownership and Corporate Value," Journal of Financial Economics, 26: 595-612.
8. Morck, Randall, Shleifer, Andrei, and Vishny, Robert. 1988. "Management Ownership and Market Valuations: An Empirical Analysis," Journal of Financial Economics, 20: 293-315.
9. Park, Kyung Suh. 2000. "Corporate Governance in Korea: Its Institutional Structure," Working Paper. Seoul: Korea University.
10. Rozeff, Michael. 1982. "Growth, Beta, and Agency Costs as Determinants of Dividends Pay-out Ratio," Journal of Financial Research, 5: 249-59.
11. Shleifer, Andrei, and Vishny, Robert. 1986. "Large Shareholders and Corporate Control," Journal of Political Economy, 94 (2): 293-309.