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Abstract

Daewoo, which in Korean stands for ''great universe'', was Korea''s second largest conglomerate and one of the world''s leading automobile companies. Belying the Korean belief, ''the chaebols are too big to fail'', Daewoo was declared bankrupt by the government of Korea in 2000. Against the backdrop of Daewoo''s rise and fall, the case highlights the restructuring efforts of the affiliate companies of the Daewoo empire.
Location:
Other setting(s):
2004

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Abstract

Daewoo, which in Korean stands for ''great universe'', was Korea''s second largest conglomerate and one of the world''s leading automobile companies. Belying the Korean belief, ''the chaebols are too big to fail'', Daewoo was declared bankrupt by the government of Korea in 2000. Against the backdrop of Daewoo''s rise and fall, the case highlights the restructuring efforts of the affiliate companies of the Daewoo empire.

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Location:
Other setting(s):
2004

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