Growth Strategies in Foreign-Invested Enterprises through Stabilizing Industrial Relations:A Case Study on Oriental Brewery
- Authors
- Lee, Chang min; Kang, Hyoung Goo; Yi, Young Snag
- Issue Date
- Dec-2013
- Publisher
- 국제통상협력연구소
- Keywords
- Mergers and Acquisitions; Industrial Relations; Multiple Unions; Labor-Union Risk; OB; Oriental Brewery; Breweries; Organizational Culture; Foreign Direct Investment; Korea
- Citation
- Asian International Studies Review, v.14, no.2, pp 35 - 58
- Pages
- 24
- Indexed
- KCI
- Journal Title
- Asian International Studies Review
- Volume
- 14
- Number
- 2
- Start Page
- 35
- End Page
- 58
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/161232
- DOI
- 10.16934/isr.14.2.201312.35
- ISSN
- 1226-8240
- Abstract
- This paper suggests ways to develop healthy industrial relations at foreign-invested enterprises after M&A by studying Oriental Brewery Co., Ltd (“OBC”) case. OBC has the unique feature of being a foreign private-equity-fund (KKRKohlberg Kravis Roberts) invested company with dual unions. It is the only consumer product company in Korea that has regained the number one position in 2011 after 15years of a continuous drop from the once dominant position with up to 70% of market share in the early 1990s. We have identified the contributing factors of such success from the perspective of union-management relationship before and after the M&A.
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