韓国メディア企業における資本調達および構造の一考察 : 『ハンギョレ』の「国民株方式」を事例に

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  • The Structure and Use of Capital Provision in Media Companies of South Korea : The Example of the Hankyoreh Newspaper's "People's Share Program" (gukmin-ju)
  • カンコク メディア キギョウ ニ オケル シホン チョウタツ オヨビ コウゾウ ノ イチ コウサツ : 『 ハンギョレ 』 ノ 「 コクミンカブ ホウシキ 」 オ ジレイ ニ

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This essay discusses the structure and characteristics of the "People's Share Program" (gukmin-ju) employed by the Hankyoreh Newspaper Company of South Korea. The essay focuses on two issues associated with the system; first, the extent to which the People's Share Program was employed and its significance in the context of media history, and second, the ways in which the peculiarities of the "People's Share" capital structure influenced the newspaper's organizational, managerial and editorial policies with particular focus on the relationship between "freedom of the press" and the influence of political power and capital. The research is based on a collection of relatively hard to obtain materials and focuses on articles that describe the ongoing progress of the People's Share Program at that time. The program's objectives and necessity are clarified through interviews with the involved parties. While considering the ways in which mass media should attempt to preserve its independence and freedom of the press from the influences of political power and capital, this essay discusses the structure of the program as well as the ripple effect that the system had on the newspaper's organizational, managerial and editorial policies. In conclusion, the "People's Share" program became a structure which theoretically could protect the freedom of the press from political pressure and the influence of capital. At the very least, its efficacy was validated for the period from the establishment of the Hankyoreh newspaper through the end of its initial operating period. Accordingly, the system spread and not just the Hankyoreh newspaper itself but other regional newspapers of that time adopted this system. However, once we consider that there were problems that arose from those who held low-cost shares, as well as outside intervention that could not be prevented by the People's Share Program alone, it becomes clear that while the program was certainly capable of protecting the freedom of the press from outside influences, it was by no means a perfect system.

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