specializing in games among three main broadcasters. Opened in 2001, ‘GEMBC’ started to work actively as taking the right to broadcast World Cyber Games, and grew one of the most preferred game channels with ‘On game net’. After 2003, they changed their name, ‘GEMBC’ to MBC/GAME now.
MBC is nimble and fast in gearing towards the future. Following successful digital terrestrial
we have to analyze the decision on the various perspectives such as financial, social, ethical, and so on.
Especially the ethical decision making is getting more important. People expand the idea ofshareholders to stakeholders, concern more about the earth and nature, think about the right things what the companies have to do, and realize the necessity of surveillance on the companies.
of them are managed by hired managers because they have dispersed share ownership.
☞ ‘free-ride’
Because of that, individual shareholders will not have enough incentive to monitor the hired managers like state-owned enterprises.
☞ ‘soft budget constraint’
Private firms can also expect subsidies or even government bail-outs.
When we are out to make a buck and
credibility, expertise in process of Administration
2. Reinforcing the supervisory authority of Deposit Insurance Corporation.
Deposit Insurance Corporation?
-Government Organization Law, the supervision of FSC
-Insolvency situation, the Organization for raising capital
Examples: U.S. banking
Fed(Peacetime)-FDIC(Crisis)
Horizontal position(mutual control )