Unlike the typically ahistorical arguments that try to explain the 1997 economic crisis by simply dismissing even the very existence of Koreas economic success in the past, this paper has attempted to provide an alternative explanation using the concept of path dependence within a political...

A Corporate Governance Perspective on Public Enterprises In its broad sense, corporate governance may be defined as the entire set of institutions, both inside and outside the firm, through which the objectives of the company are set and executed and the performance of the firm is monitored....