1. Excessive risk taking Large firms in South Korea had taken excessive risks because they knew that...
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1. Excessive risk taking Large firms in South Korea had taken excessive risks because they knew that the government would be unwilling to let them go bankrupt.
Source: H. J. Chang, World Development, 2000
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Related Book For
Foundations Of Microeconomics
ISBN: 9780063076280
7th Global Edition
Authors: Bade, Robin;Parkin, Michael
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