Winning, but at what cost? : lessons from the Kakao corruption scandal /

Kim Beom-su, a prominent Korean entrepreneur and the founder of tech giant Kakao, has been the subject of backlash after being arrested over market manipulation charges. The criminal allegations are with regard to Kakao's acquisition of K-pop agency SM Entertainment, strongly hinting at the ide...

Full description

Bibliographic Details
Main Author:	Mehta, Simran (Author)
Format:	eBook
Language:	English
Published:	London : SAGE Publications: SAGE Business Cases Originals, 2024.
Series:	SAGE business cases.
Subjects:	Kakao (Firm) > Corrupt practices > Case studies. Business ethics > Case studies. Morale des affaires > Études de cas. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Kim Beom-su, a prominent Korean entrepreneur and the founder of tech giant Kakao, has been the subject of backlash after being arrested over market manipulation charges. The criminal allegations are with regard to Kakao's acquisition of K-pop agency SM Entertainment, strongly hinting at the idea that the company purchased SM shares at significantly higher prices to win an aggressive bidding war. This case study delves into the corruption scandal, which not only raises questions about Kakao's legacy but could bring about seismic shifts in a largely unregulated industry.
Physical Description:	1 online resource : illustrations.
ISBN:	9781071977866 1071977865