Lessons from the KT&G Takeover Attempt by Foreign Investors.

The article discusses the issue of liberalization of the capital market in South Korea and the ways in which it can enjoy the benefits of incoming foreign capital without being curbed by it. Financiers are getting eager to invest in Korea's liberalized capital market. As a result, corporate strategies are being formulated with the view of improving management skills. The article refers to the case of KT&G Corp. to illustrate this point.