More search options
Basket icon
No items
Basket icon

Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Case
-
Reference no. 9-803-059
Subject category: Finance, Accounting and Control
Authors: Walter Kuemmerle (Harvard Business School); James Lee (Harvard Business School); Bokeun Jin (Harvard Business School)
Published by: Harvard Business Publishing
Originally published in: 2002
Version: 21 April 2004
Length: 28 pages
Data source: Field research
Topics: Financing; Restructuring; Globalization; Economic development; International business; Entrepreneurship; International entrepreneurial finance; Expansion
Share a link: https://casecent.re/p/40631
| No reviews for this item
This product has not been used yet
View our pricing guide or login to see prices.

Abstract

Describes TP Lee, the founder and Chief Executive Officer of Jinwoong, a 19-year-old entrepreneurial company in Korea that has grown to become the world''s largest manufacturer of camping tents. Labeled by Fortune as one of the most promising entrepreneurs in Asia in 1993, Lee faces some serious management challenges by October 1998. Largely due to the Korean financial crisis of 1997-1998, Lee must rethink the financing and expansion plans for his firm. To deal with these challenges, he could seek outside funding from two different groups of private equity investors or from a corporate restructuring fund set up by the Korean government. All of these decisions reflect Jinwoong''s long-term strategy and Lee''s assessment of the different offers.
Size:
5,500 employees, $181 million revenues
Other setting(s):
1998
Teaching note
-
Reference no. 5-803-184
Subject category: Finance, Accounting and Control
Authors: Walter Kuemmerle (Harvard Business School)
Published by: Harvard Business Publishing
Originally published in: 2003
Version: 20 September 2004
Revision date: 2-Jun-2011
Length: 24 pages
View full details

About

Abstract

Describes TP Lee, the founder and Chief Executive Officer of Jinwoong, a 19-year-old entrepreneurial company in Korea that has grown to become the world''s largest manufacturer of camping tents. Labeled by Fortune as one of the most promising entrepreneurs in Asia in 1993, Lee faces some serious management challenges by October 1998. Largely due to the Korean financial crisis of 1997-1998, Lee must rethink the financing and expansion plans for his firm. To deal with these challenges, he could seek outside funding from two different groups of private equity investors or from a corporate restructuring fund set up by the Korean government. All of these decisions reflect Jinwoong''s long-term strategy and Lee''s assessment of the different offers.

Settings

Size:
5,500 employees, $181 million revenues
Other setting(s):
1998

Related

Teaching note
-
Reference no. 5-803-184
Subject category: Finance, Accounting and Control
Authors: Walter Kuemmerle (Harvard Business School)
Published by: Harvard Business Publishing
Originally published in: 2003
Version: 20 September 2004
Revision date: 2-Jun-2011
Length: 24 pages
View full details