Managing diversified firms through socio-cultural mechanisms: A focus on Korean Chaebols

Artikel

Based on theoretical considerations, this article investigates the socio-cultural mechanisms through which diversified firms are effectively managed without loss of control. Empirical results from extensive questionnaire surveys in Korea and the U.S. show that socio-cultural mechanisms such as shared values and corporate-level training were significantly and positively associated with divisional performance. In addition, sociocultural mechanisms appear to have unequal effects on the corporate performance in societies with different cultural contexts. Statistical results show that socio-cultural mechanisms worked better in chaebols than in large U.S. firms, possibly because such mechanisms positively interact with high-context culture.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Management Revue ; ISSN: 1861-9916 ; Volume: 18 ; Year: 2007 ; Issue: 1 ; Pages: 23-41 ; Mering: Rainer Hampp Verlag

Classification and Topics

• Classification: Management
• Subject: diversified firm ; Chaebol ; socio-cultural mechanism ; shared value ; inter-divisional interaction ; Diversity Management ; Konglomerat ; Interkulturelles Management ; Shareholder Value ; Südkorea

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lee, Ji-hwan
• Event: Veröffentlichung
• (who): Rainer Hampp Verlag
• (where): Mering
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/78922
• Last update: 10.03.2025, 11:41 AM CET