Managerial problems in Korea ‐ Evidence from the nationalized industries
International Journal of Public Sector Management
ISSN: 0951-3558
Article publication date: 1 April 2001
Abstract
The Korean economy has moved from being a role model, with various impediments to its future development now identified. Some of the problems concern its manufacturing nationalized industries with debate over their “efficiency”, with high costs of production, wastage of materials and human resources, combined with poor quality. At the same time, there is also a feeling that nationalized industries are not discharging their “responsibilities” to society. While the focus of this paper is a segment of Korean management and business, it has more general and wider relevance to other sectors and counties. The main purposes of this study are to highlight the environmental factors under which nationalized industries operate; draw attention to problems stemming from them that negatively affect efficiency and management; and make some tentative recommendations for possible reforms.
Keywords
Citation
Kim, J. and Rowley, C. (2001), "Managerial problems in Korea ‐ Evidence from the nationalized industries", International Journal of Public Sector Management, Vol. 14 No. 2, pp. 129-149. https://doi.org/10.1108/09513550110387769
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited