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Restrictions on Bank Ownership in Korea

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사회과학연구소 (Institute of Social Sciences SOGANG UNIVERSITY)|2017.04|사회과학연구 (Journal of Social Science)|제43권 제1호|pp. 59-84|DOI 10.15820/khjss.2017.43.1.003

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참고문헌

키워드

은산분리관치금융government controlseparation of banking and commerce소유규제economic concentrationbarriers to entryownership restriction
주제분류사회과학일반

초록

Restrictions on bank ownership have made the government de facto owner of banks and virtually manage them. This paper investigates the real reason why the government sticks to the regulation, and argues that the real reason is for the government to continue governing and controlling the financial industry. Based on this argument, the paper recommends the abolishment of the banking ownership restrictions so as to enable a controlling major shareholder of a bank to emerge. JEL Classification: G21, G28

Abstract

Restrictions on bank ownership have made the government de facto owner of banks and virtually manage them. This paper investigates the real reason why the government sticks to the regulation, and argues that the real reason is for the government to continue governing and controlling the financial industry. Based on this argument, the paper recommends the abolishment of the banking ownership restrictions so as to enable a controlling major shareholder of a bank to emerge. JEL Classification: G21, G28

참고문헌 (39)

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