COMM 376 Lecture Notes - Lecture 10: Startup Company, Commercial Paper, Insomnia
Document Summary
Case: samsung and daewoo: two tales of one city (case #: 9-804-055). Hyundai beat samsung to secure a prime piece of real estate in gangnam district for. bn: company was excited about the announcement but investors in hyundai motor, Kia motors and hyundai mobis were not; combined market value dropped by. bn post-announcement: investors felt that the real estate was a trophy asset and was a deal representative of a backward system; no accountability on the part of hyundai. 10th largest trading nation by volume: lawmakers concerned that economy is over-reliant on a few enormous family- controlled companies. The chaebol structures are dizzyingly complex with intricate cross holdings if you draw lines connecting the companies it"s like a bowl of spaghetti : e. g. Samsung group is not a legal entity but a group of companies tied together by their corporate history.
