This paper harmonizes the business group literature in international business and across
relevant fields within a unified theoretical framework. Business groups (firms under common …

This article reviews research conducted from 2011-2020 on the corporate governance of
Korean firms. The purpose is to promote academic interest in Korean corporate governance …

We examine the spillover effects that occur within Korean business groups (ie, chaebols) by
focusing on the market reactions of event firms to announcements of credit rating changes …

This study examines whether analysts' informativeness and activities change following
regulatory reforms strengthening market surveillance in Korea. Only star analysts provide …

This paper provides evidence on the role of foreign analysts in improving the
informativeness of stock prices for corporate managers. Using a large sample of 15,623 …

This study explores the efficiency of securities firms in Turkey and offers conceptual and
managerial insights utilizing data envelopment analysis. Through a sample of local and …

This study investigates the effect of internal labor markets (ILMs) on corporate innovation,
focusing on Korean chaebols. Prior to examining the effect of ILMs, we confirm their …

This study examines innovation spillovers within business groups, focusing on Korean
chaebols. We find that an affiliated firm's innovation is affected positively by both within-and …

Using the surnames of financial analysts in Korea, this paper examines how investors react
to forecasts of analysts with familyship. Since Korea has a strong family-centered culture of …

Since the beginning of the 2000s, important changes in external environments have affected
the corporate governance practices of firms all around the world. The corporate governance …