Labor Dispute Most Troubling for Foreign CEOs
Labor disputes are the most troubling issue for foreign firms doing business in Korea, according to a recent survey.
Although expatriate businessmen acknowledge a significant improvement in the overall investment climate in Korea, they still pointed out many unreasonable business practices.
They said that the most urgent task for Korean companies is to promote accounting transparency.
They praised a reduction of debt ratio for Korean companies, but said that Korea has failed to promote labor flexibility. They view the public sector as the least reformed sector of the economy.
These are the results of a survey by the Korea Chamber of Commerce and …
The rest of this article is only available to active members of Questia
Sign up now for a free, 1-day trial and receive full access to:
- Questia's entire collection
- Automatic bibliography creation
- More helpful research tools like notes, citations, and highlights
- Ad-free environment
Already a member? Log in now.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Article title: Labor Dispute Most Troubling for Foreign CEOs.
Contributors: Not available.
Newspaper title: Korea Times (Seoul, Korea).
Publication date: February 22, 2001.
Page number: Not available.
© Not available.
COPYRIGHT 2001 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset