Financial Performance of Korea

Yunjong Wang; Insoo Kang; Yul Kwon

doi:10.11644/KIEP.JEAI.1998.2.1.9

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East Asian Economic Review Vol. 2, No. 1, 1998. pp. 49-98.

DOI https://dx.doi.org/10.11644/KIEP.JEAI.1998.2.1.9

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Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency

Author
Yunjong Wang
Insoo Kang
Yul Kwon

EAER is an open access journal distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license.

Abstract

As part of globalization, elite multinational companies are actively promoting foreign direct investment, In order to adapt to the globalization trend, large from the middle of 1990s enterprises have helped South Korea to launch the large-scale oversea investment by contributing in it. However, foreign direct investment by Korean companies in operating results has yet to achieve satisfactory results. Under IMF’s project, South Korean economy is facing the need for restructuring, and corporate restructuring has become an important issue. Because South Korea domestic enterprises foreign popularity fell sharply and overseas borrowings, lead to deterioration in the terms of the South Korean companies overseas direct investment activities atrophy. In this case, the enterprise's overseas direct investment form and strategic should also have comprehensive change on a scale. It should get rid of external, quantitative growth, but change to efficient strategy.

JEL classification: F21, F23

Keywords

Oversea Investment Korea, Oversea Companies Korea

Language

Korean

References

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