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How to Finance Unification Costs Joonook Choi	HIT 0
In spite of the importance, few studies have dealt with the issue of financing unification costs in Korea in detail. Uncertainties about the ways and timing of unification is one of the reasons to make the discussion on the issue difficult. Even though this study can not overcome the inherent difficulty, this study tries to make one step forward in the discussion the issue. I...

Financing structure and pricing mechanism of public enterprises:... Jung S. You · Jiyoung Kim	HIT 0
This study provides the theoretical model for the optimal financing structure and pricing mechanism of a publicly-provided good. When a public enterprise produce a good, a government has to make two decisions. First, it determines the amount of a subsidy for the public enterprise. Then it designs the price system to cover the rest of the production cost. Under this setting, we...

The Managerial autonomy and performance of public enterprises Jiyoung Kim·Kyoungsun Heo	HIT 0
Managerial autonomy and accountability are two important factors for operating public enterprises. As the performance of public enterprises are more emphasized, the role of managerial autonomy becomes more important. However, there are few research or government policy on managerial autonomy of public enterprises. This study analyzes how managerial autonomy of public enterpris...

Quasi-fiscal activities of SOEs in Korea Joonok Choi	HIT 1
SOE(state owned enterprise)s sometimes carry out some activities that should originally be a part of government's role. Even though they have the characteristics of public finance, those activities, especially activities by SOEs with commercial nature, are often not shown in public finance data. In that sense, they are often called quasi-fiscal activities. They often incur sig...

Corporate Governance and Performance of SOEs in Korea Heo, Kyoung Sun · Ra, Young Jae	HIT 0
Corporate governance of deals with conflicts of interests between the owners and the managers, the shareholders and the stakeholders, and customers and investors. To mitigate or prevent these conflicts of interests, various kinds of processes, customs, policies, laws, and institutions have been developed. Well-defined and enforced corporate governance provides a structure that...

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