Lee, Keun; Kim, Ji Youn; Lee, Oonkyu - In: Journal of the Japanese and International Economies 24 (2010) 3, pp. 412-440
This paper analyzes the long-term evolution of the costs and benefits associated with chaebols or diversified business groups in Korea. Chaebol-affiliated firms in Korea have experienced dramatic changes in their costs and benefits along three time periods (1984-1988, 1990-1995, and 2001-2005)....