Abstract
Hyundai Motor Company which started off as a small fish in a big sea (Hyundai Conglomerate) paved its way out successfully and established itself as an independent group from the conglomerate. Hyundai, with its officious power across the globe and, particularly, in South Korea in the automobile industry, has one of the most complex yet fascinating governance structures. Being the second largest contributor to the GDP of South Korea after Samsung and having a market share of 51.3% domestically in the automobile industry, Hyundai has faced its share of criticism owing to its anti-labour-union approach and, also, owing to its internalization of supply chain management. The paper focuses on the growth of Hyundai and its inward and outward investment structure. The paper questions the ability of Hyundai to become a mega corporation by focusing on its governance structure. The paper further elaborates on its compliance and disclosure regime in the fi eld of Corporate Social Responsibility and explores how far the business structure adopted by Hyundai works in its favour to become one of the leading automobile contenders in the market.
Recommended Citation
Shah, Nikita
(2019)
"The Hyundai Model: A Quasi-Leviathan in the Making,"
National Law School Journal: Vol. 15:
Iss.
1, Article 5.
Available at:
https://repository.nls.ac.in/nlsj/vol15/iss1/5