Thai and Korean: A Comparative study of Corporate Culture and Management Style

Abstract

This paper investigates the differences in Thai and Korea on corporate culture and management style.  A number of studies have investigated various aspects and characteristics of “Chaebol system for Korea firms and many of Thai corporate culture has received considerable attention in business literature. However, there are no studies that compare the overall corporate cultural characteristics of Korea and Thai firms. In this study, a comparison by using qualitative technique reviewed from various primary sources of information and academic journals is conducted. The Confucianism and Hofstede's national culture value were used as a model for this comprehensive investigation. Finally, the findings found some considerable similarities and differences between Korea firm and Thai firm in terms of Quasi-lifetime employment, some mobility in evaluation and promotion, implicit control mechanism, and autocratic and consultative decision making.