000 01461naa a2200253uu 4500
001 8282
003 OSt
005 20190211154424.0
008 021113s2005 xx ||||gr |0|| 0 eng d
100 1 _aJIN CHANG, Sea
_95217
245 1 0 _aHow much does the business group matter in Korea
260 _c2002
520 3 _aWe partition the variances of profits of the companies associated with Korean business groups into business group-specific effects, industry effects, and affiliate company-specific effects, which roughly math corporate-parent effects, industry effects and business unit effects, respectively, in the extant literature. We find substantial corporate-parent effects (here, business group effects) along with industry effects and business unit effects (here, affiliate, company-specific effects). This finding may indicate that business groups play an important role in developing countries by circumventing market inefficientcies. Our results also suggest that these effects tend to be smaller in larger business groups and to decrease over time
650 4 _aCorporate Strategy
_916476
650 4 _aCorporate Effects
_917376
650 4 _aBusiness Groups
_917377
650 4 _aVariance Component Analysis
_917378
650 4 _aEmerging Markets
_917379
700 1 _aHONG, Jaebum
_917380
773 0 8 _tStrategic Management Journal
_g23, 3, p. 265-274
_d, 2002
_w
942 _cS
998 _a20021113
_bLucima
_cLucimara
998 _a20060612
_b1633^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c8428
_d8428
041 _aeng