민영화정책이 세계 주요 철강사에 미친 파급영향 고찰 = A study on the Privatization of Major Steelmakers

다국어 초록 (Multilingual Abstract)

Privatization is theoretically to enhance market efficiency and practically to transform the ownership structure from the government to the private. Our privation initialtives often do not meet the initial goals because the economic reasons dominate politically coordinating processes among the interested groups. After privatization, POSCO, British Steel and Usinor launch very flexible management to cope with the rapid changes of market needs. They also drive very aggressive M＆A strategy in the world steel market, which never considered as public companies. In addition, they globally accept governance structures to maximize the shareholder values and transparency, which can be good alternatives to both private and public sectors.