書誌事項
- タイトル別名
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- The Incompleteness of Contracts in Feudal Corporate Governance Structures of Korean Chaebols : The Establishment of an Incomplete Contract Market Accompanying the Market-oriented System “Transplantation”
- カンコク ザイバツ ノ ホウケンテキ キギョウ トウチ コウゾウ ニ ミル ケイヤク ノ フカンビセイ : シジョウ シュギ システム 「 イショク 」 ニ トモナウ フカンビ ケイヤク シジョウ ノ セイリツ
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抄録
Today, in the name of “Globalization” attempts at “Institutional Transplantation” are beingforcibly pursued without taking into account any cultural, organizational, or cognitive models of the target countries. Therefore, suppliers in the target countries of “Transplant” are strengthening their presence by taking advantage of the environmental effects they bring. In doing so, institutional elements inherited from the past correlated with Marketism, and the resulting imperfection of contracts led producers in the “Transplanted Countries” to return to traditionalist feudalism, thus prompting despotic incentives. The permeation of market-based capitalism strengthened the market system through its own exogenous transplantation, but in response, it also strengthened the market manipulation functions of management within corporate organizations. By applying and developing the perspective of institutional economics, this paper has clarified that “institutional complementarity” in regulation theory is established in the corporate governance structure of Korean conglomerates. Such “Institutional Complementarity” does not mean an equal complementarity between various institutions, but is based on “Institutional Hierarchy,” which is the dominant determinant of lower-ranking institutions by higher-ranking institutions. The analysis method corresponds to the “Mezzo Level” of institutional analysis, which consists of interdependent relationships between corporate organizations. I focused on the area that lies between the actors and the macroeconomic dynamics. In this way, the spread of market-based capitalism brought about by globalization strengthens the market system through its own exogenous transplantation. At the same time, it also brought about the incompleteness of the contract, which strengthened the general authoritarian “Productivity Regime” of the Korean chaebol.
収録刊行物
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- 企業研究
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企業研究 43 83-109, 2023-08-31
企業研究所
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詳細情報 詳細情報について
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- CRID
- 1050297892124512640
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- NII書誌ID
- AA11805664
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- ISSN
- 13479938
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- NDL書誌ID
- 033064083
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- 本文言語コード
- ja
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- 資料種別
- departmental bulletin paper
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- データソース種別
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- IRDB
- NDL