Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109429 
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series No. 295
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
The central objective of our paper is to empirically examine the relationship between the ownership structure of firms and their export performance. To do so, we use data from the Republic of Korea, a classic example of successful export-oriented industrialization. While a large and growing empirical literature investigates the relationship between the ownership structure and overall performance of firms, there are almost no studies that delve into the issue of whether the concentration of ownership has a positive or negative effect on export performance. The primary contribution of our study is to help remedy this serious gap in the empirical literature on ownership and performance. Our empirical results indicate that Korean firms with more concentrated ownership are more likely to be exporters, and to export more.
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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