國境間 M&A 自由化의 經濟的 波及效果와 韓國의 對應果題
Liberalizaiton of Cross-Border Mergers and Acquisitions in Korea: Economic Impacts
Yunjong Wang(Korea Institute for International Economic Policy (KIEP))
1권 1호, 81~123쪽
초록
Most OECD Member countries have made the main part of the world's direct investment - international mergers and acquisitions (M & A) completely liberalized, on the contrary, South Korea still has several limitations to this. Investment agreement is expected to take effect in the multi-January 1999, South Korea's liberalization of the international merger and acquisition system will grow significantly. Especially with the securities and investment liberalization, hostile of M&A transactions (which is also called male-fide merger and acquiring) will be liberalized. It is expected that the liberalization of international mergers and acquisitions will make foreign direct investment increase substantially. Upon the foreign superior enterprises penetration into the Korean market, there will positive effects which likely improve market competition, the domestic industrial restructuring accelerated, advanced technology and advanced management concept allows the transfer of advanced technology companies in Korea. In addition, in response to the liberalization of hostile international acquisitions, and in order to make the business more efficient and reasonable way to gain a firm foothold, we should develop ideal model for company controlling that takes into account the specifics of Korea as the country in whole and economy apart.
Abstract
Most OECD Member countries have made the main part of the world's direct investment - international mergers and acquisitions (M & A) completely liberalized, on the contrary, South Korea still has several limitations to this. Investment agreement is expected to take effect in the multi-January 1999, South Korea's liberalization of the international merger and acquisition system will grow significantly. Especially with the securities and investment liberalization, hostile of M&A transactions (which is also called male-fide merger and acquiring) will be liberalized. It is expected that the liberalization of international mergers and acquisitions will make foreign direct investment increase substantially. Upon the foreign superior enterprises penetration into the Korean market, there will positive effects which likely improve market competition, the domestic industrial restructuring accelerated, advanced technology and advanced management concept allows the transfer of advanced technology companies in Korea. In addition, in response to the liberalization of hostile international acquisitions, and in order to make the business more efficient and reasonable way to gain a firm foothold, we should develop ideal model for company controlling that takes into account the specifics of Korea as the country in whole and economy apart.
- 발행기관:
- 대외경제정책연구원
- 분류:
- 경제학