일,미 투자기업의 지배구조와 한국시장 진입전략에 관한 요인분석

• 영문명: An Analysis of Factors of Entry Strategies of Japanese and the US Companies to the Korean Market and Their Governance Structure
• 발행기관: 한일경상학회
• 저자명: 김현경(Hyun Kyung Kim)
• 간행물 정보: 『한일경상논집』제35권, 101~126쪽, 전체 26쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2006.10.31

영문 초록

This paper is intended to compare and analyze the selection of the type of governance structure by Japanese companies and the US companies in their investment according to management objectives and the difference in management strategies according to types of governance structure between them when they enter the Korean market. Research methods include Logistic Model and test. The findings are as follows; As for governance structure, the agent management structure was favored by the US companies which put emphasis on profitability and growth in their investment decision-making. On the other hand, Japanese companies prefer the owner management structure as they value market share and cultural capital management in their investment. In terms of the appointment of the top management, the establishment of management strategies, and the authority of decision-making, the owner management structure allows more control from a parent company while the agent management structure enjoys considerable authority commissioned by a parent company. It reflects the Japanese perception that the American management (the agent management structure) cannot deal with the Japanese culture and sentiment due to a series of financial crises in East Asia, fierce competition in the global market, and moral hazard of the US companies. Therefore, the results imply that the Japanese companies prefer the Japanese management structure (owner management structure) where owners can participate in management and the decision-making process, thereby allowing more aggressive investment.

목차

Ⅰ. 서론

Ⅱ. 일.미투자기업의 기업지배구조 특성

Ⅲ. 선행연구 검토 및　가설설정

Ⅳ. 가설검증

Ⅴ. 결론

참고문헌

키워드

Corporate governance structure agent management structure owner management structure