Purpose – This study is to investigate the determinants of suppliers' dependence on buyers in the home country by developing a theoretical model of innovative activities. The high dependence of auto parts suppliers on a single local buyer in South Korea due to firm ownership issues and...

The article examines the evolution of Korean business groups after the economic crisis. In particular, it investigates the post-crisis changes in their business structure and corporate governance system, which are argued to be major precipitating factors leading to the economic crisis. (J...