Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 3 Liabilities of the chaebol (in percentage)

From: Corporate financial structure of South Korea after Asian financial crisis: the chaebol experience

 

1987 (%)

1992 (%)

1997 (%)

1998 (%)

2002 (%)

Securities

29.0

37.1

33.9

45.0

47.1

 Commercial papers

4.6

7.2

5.6

4.7

1.0

 Corporate bonds (including current portion)

10.1

17.7

20.3

30.5

26.0

  Current portion of bonds

2.2

5.9

4.6

6.7

7.7

  Corporate bonds

8.0

11.8

15.7

23.8

18.3

 Stocks

14.3

12.3

8.1

9.8

20.2

Loans and foreign aid

47.1

36.5

41.9

33.2

16.9

Loans (KRW)

33.2

25.4

25.7

24.2

11.5

 Short-term loans

17.0

14.6

16.5

13.9

4.5

 Long-term loans (including current portion)

16.1

10.8

9.2

10.3

7.0

  Current portion of long-term loans

1.8

1.9

1.9

2.3

1.9

  Long-term loans

14.3

8.9

7.2

8.0

5.1

Loans (foreign currency and foreign aid)

13.9

11.1

16.2

9.0

5.4

 Short-term loans

1.9

3.3

5.6

3.1

3.4

 Long-term loans (including current portion)

11.5

7.8

10.6

5.9

2.0

  Current portion of long-term loans

2.0

1.6

1.8

1.3

0.7

  Long-term loans

9.6

6.2

8.8

4.6

1.3

 Foreign aid

0.5

0.0

0.0

0.1

0.0

Trade credits

13.7

15.1

14.3

12.2

19.9

Others

10.2

11.3

9.9

9.6

16.1

Total

100.0

100.0

100.0

100.0

100.0