• Title/Summary/Keyword: conglomerate executive

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The Experiences and Cognition on the Participation in Domestic Chores in Korean Male Workers of a Conglomerate Company (가사노동 참여에 관한 한국 대기업 남성들의 경험과 인식: S재벌 직장인을 중심으로)

  • Lee, Jae-In
    • Journal of Family Resource Management and Policy Review
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    • v.14 no.1
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    • pp.119-134
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    • 2010
  • The article's purpose is to depict the experiences and cognition of Korean male workers on the relationship between work and family, in a conglomerate company. It examines the data of 11 interviews, especially focusing on the issue of participation in family lives. The cases consist of new comer employees, managerial officers, and executive personnel. According to the interviewee's report, Korean companies have drastically changed from a so called collectivistic culture to an individualisic one. In addition, the styles of their stories have changed drastically. New comers and managerial officers accentuate the importance of family in contrast to the attitudes of executive staff. These individuals also discuss the trend of increasing participation in domestic chores. However, the study does not illustrate a change in the younger generations' inner identities in relation to familial responsibility. Many of the interviewees' opinions taken from the study are almost similar in that these individuals do not encompass the lives of family in future plans. In conclusion, workers from large companiesin Korea maintain the attitude of focusing on official life one-sidedly.

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A Study of Conglomerate Executives in Adaptation Processes after Involuntary Retirement (한국 대기업 중년 남성 임원들의 비자발적 퇴직 이후 적응과정 연구)

  • Koo, Jabok;Jung, Taeyun
    • Korean Journal of Culture and Social Issue
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    • v.26 no.4
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    • pp.379-407
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    • 2020
  • This study examined the psychological and social factors of middle-aged conglomerate executives in Korea for successful adaptation after their involuntary retirement. For this, in-depth interviews on 13 retired executives (male, average age 58.2) including changes over time and their assessment or interpretation on them were conducted, and the contents were analyzed in phenomenological methods. As a result, 'financial preparation' and 'spousal support' were predisposing factors of adaptation. The starting point of adaptation was 'acceptance of reality', which consisted of subfactors such as reevaluating the past life, acknowledging various changes and deviating from the past, accepting themselves as common retiree in the 50s, living with anxiety, and the need of proper time. Next, they made cognitive and emotional reevaluations and reevaluated the value of life, and reestablished 'psychological reconstruction' and 'ego identity' through new activities that they chose. Their retirement and adaptation processes after retirement are the conflicting process from their experience as a conglomerate executive that satisfied psychological and social capital and the consequent story on maladaptive coping style, as well as a narration in cognitive, emotional and behavioral perspectives to overcome such disharmony. Results of this study provides implications for corporations, nation and retirees on handling retirement.

Dominant Stockholder Illegality and Enterprise Value : Focusing on Korean Firm Cases

  • Kim, Sung Tack
    • Asia Pacific Journal of Business Review
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    • v.1 no.2
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    • pp.17-35
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    • 2017
  • This research is a case study that focuses on how conglomerate illegality and corresponding penalty affects corporate performance and strategy. The research aims to provide base information for policy-makers as well as the general public about the corporate environment. The analysis results can be summarized as follows. First, profitability is represented as an M-curve. Profitability falls from indictment to the final pronouncement of the corporate head and increases upon his or her return. The result suggests that the absence of a corporate head could result in low profitability as the firm is exposed to owner risk. Secondly, significant effects on investment were not found. Investment showed a continuous increase from indictment to final judgment. This could have resulted from investment decisions made prior to the indictment, which are generally long-term. Meanwhile, the rate at which investments rose for core subsidiaries were lower, which makes it reasonable to suspect dwindling executive capacity due to the absence of a corporate head. Thirdly, employment showed a slight increase, but the rate was found to be greater during the periods following the final judgment. From a political perspective, this increase can be inferred from a give-and-take tradeoff between corporate employment and the pardon of the corporate head.