韓,中 企業政策 變化와 比較 硏究

Abstract

Korea has successfully established a modern corporate structure after achieving rapid economic growth ever since modernization in the 1960's, becoming one of the top ten trading nations by trading with many countries including China. In Korean-Chinese economic relations, trading volume including direct and indirect trade was around $23.7 billion in 1997, taking up 7.4% of China's total trade volume, and Korea is emerging as the fourth largest trading partner behind Japan, Hong Kong, and U.S.. Recently, Korea is in midst of major restructuring in various fields since the 1997 financial crisis, and with China is transforming itself by changing into an open economy from its long history of closed economy since Deng Xiao Ping started to change its policies in 1992, a comparative analysis of China and Korea's industries and the corporate restructuring processes. By comparing the degree of change and restructuring of industries and companies in the ever changing global environment of today, an in-depth study in the corporate restructuring in China was made, and the study into organizational transformation and corporate restructuring process in conglomerates in Korea after the financial crisis was also made. In chapter 2, a theoretical background on corporate structure and the industry in general have been summarized through introducing the characteristics of transformation of the social structure in the information age and the industry structure, corporate structure innovation and entrepreneurship. In chapter 3 and 4, a comparison of Korea and China's changes in companies and reform policies have been made, and results of the restructuring process in China's public enterprises according to periods of the 1st stage (1980's), 2nd stage (1992-1997), and 3rd stage (after 1997) have been evaluated. In Korean companies, backgrounds on pursuing restructuring and main policies have been studied to state problems and suggest improvement methods. In chapter 5, the last chapter, a comparative analysis of China's telecommunication firm Lian Tong and Korea's SK Telecom's progresses in corporate transformation and the differences was made, recommending an ideal direction for East Asian corporate structures by comparing the business situations of the two companies. Conclusively, the future of Korea and China's firms depend on economic reform, and must be pursued continually. Additionally, Chinese firms must establish more private ownership of companies to increase competitiveness and slim down its organizational structure, while Korean firms despite being ahead of Chinese firms in terms of corporate reform and competitiveness, must prepare alternatives for industries and corporate restructuring to deal with the future changes in the global market environment.