Hwang, Lee-Seok; Kim, Hakkon; Park, Kwangwoo; Park, Rae Soo - In: Pacific-Basin Finance Journal 24 (2013) C, pp. 179-198
Using a unique, comprehensive data set from a survey on corporate governance practices among Korean listed firms, this paper shows that business group (chaebol) firms have overall stronger governance practices but weaker shareholder rights and lower dividend payout ratios than independent firms...
