Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/111117
Authors: 
Nam, Sang-woo
Year of Publication: 
2001
Series/Report no.: 
ADBI Research Paper Series 27
Abstract: 
Why do the founding families of many East Asian companies hold on today-to-daymanagement Is there more going on than meets the eye?This paper uncovers the disturbing patterns of unfair internal transactions among subsidiaries to maximize the wealth of controlling families at the expense of individual corporate or group profits and minority shareholders.The author recommends that concerned governments should adopt as their primary policy focus the strengthening of corporate governance mechanisms and transparency so as to counter this abusive behavior by some controlling owners.
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by/3.0/igo/
Document Type: 
Working Paper

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