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Dealing with Corporate Self-Dealing in Korea: A New Institutional Law and Economics Approach
Asia Pacific Law Review ( IF 0.542 ) Pub Date : 2009-11-01 , DOI: 10.1080/10192557.2009.11788200
Haksoo Ko

Abstract Corporate self-dealing is an important conduit for transferring value among chaebol and other group-affiliated companies in Korea. While many countries regulate self-dealing as a corporate law matter, in Korea, it is in some crucial aspects considered as a competition law issue. This article employs a new institutional law and economics perspective and considers whether it is justifiable to regulate self-dealing as a competition law issue. After reviewing the current institutional infrastructure in Korea and analysing relevant transaction costs, it is argued that the current approach to self-dealing in Korea is justifiable for now.

中文翻译:

处理韩国的企业自我交易:一种新的制度法律和经济学方法

摘要 企业自我交易是韩国财阀和其他集团附属公司之间进行价值转移的重要渠道。虽然许多国家将自我交易作为公司法事务加以规范,但在韩国,它在某些关键方面被视为竞争法问题。本文采用新的制度法经济学视角,考虑将自我交易作为竞争法问题进行监管是否合理。在审查了韩国当前的制度基础设施并分析了相关的交易成本后,有人认为目前韩国的自我交易方式是合理的。
更新日期:2009-11-01
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