The Rise of Salaried Managers Comparing Japan and South Korea

Tamio HATTORI

doi:10.5029/jrbh1984.14.7

The Rise of Salaried Managers

Comparing Japan and South Korea

Tamio HATTORI

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JOURNAL FREE ACCESS

1998 Volume 14 Pages 7-30

DOI https://doi.org/10.5029/jrbh1984.14.7

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Published: March 15, 1998 Received: - Available on J-STAGE: June 28, 2010 Accepted: - Advance online publication: - Revised: -
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Date of correction: June 28, 2010 Reason for correction: - Correction: CITATION Details: Right : 1In this paper I use the term“salaried manager”in the same sense as that given to it by Hidemasa Morikawa:“a manager who has no ownership function but who specializes in the managerial function”(Morikawa1996,7).
2By“functional capitalist”I mean a capitalist who holds both an ownership function and a managerial function.If we follow the definition of Morikawa,it refers to the manager of a founder enterprise as well as of a family enterprise.
3While it is difficult to calculate precisely how much of Korea's overall economy was controlled by its chaebol,we do know that in the first half of the1970s the top five chaebol held approximately3.5percent of the country's GNP,and that this percentage increased thereafter till it reached the10percent level in the first half of the1980s.In the second half of the1980s this figure fell somewhat,rising again as the mid-1990s were approached,till in1995it seems to have reached the9.5percent level again.For more on this,see Hattori1994b.
4What I mean by“social pressure”is something close to Yasuoka's“social climate.”
5We have argued before,in a study(in a slightly different area from that of the present study)in which we compared the economic developments of Korea and Taiwan,the need to distinguish patterns and mechanisms.That study dealt with two countries that are called newly emerging industrial nations,and the performances of their economic development are similar,but we discovered that the mechanisms that brought about those performances were quite different.For more details see the introductory chapter of Hattori and Sato1996.

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