Korean Academic Society of Business Administration
[ Article ]
korean management review - Vol. 51, No. 2, pp.331-368
ISSN: 1226-1874 (Print)
Print publication date 30 Apr 2022
Received 05 Aug 2021 Revised 24 Sep 2021 Accepted 08 Nov 2021
DOI: https://doi.org/10.17287/kmr.2022.51.2.331

삼성 이병철 회장의 경영철학: 구조적 토픽모델을 활용한 탐색적 연구

Sungjun Kim ; Boyoung Kim
(First Author) College of Business Administration, Kookmin University leadership@kookmin.ac.kr
(Corresponding Author) College of Business Administration, Kookmin University bykim7@kookmin.ac.kr
Samsung Chairman Lee Byung-cheol’s Management Philosophy: An Exploration Study Using Structural Topic Model


Copyright 2011 THE KOREAN ACADEMIC SOCIETY OF BUSINESS ADMINISTRATION
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

This study explores Lee Byung-cheol's management philosophy; he was the chairman of the Samsung business group and is considered to have made a significant contribution to Korea's modern economy. His ideas can still have relevance for economic leaders today who are struggling to survive amid the world's great powers. Unlike previous studies based on qualitative research methods, this study quantitatively analyzed Lee's management philosophy using text mining techniques. In particular, a total of 536 ideologies were analyzed through structural topic modeling. A comprehensive review of his ideas, broken down into 70 topics, revealed some major ideas that had been overlooked in previous studies. Some of the ideas revealed a statistically significant increase or decrease in the likelihood of utterance over time. Moreover, the philosophical content differed statistically depending on whether the audience was from within an organization or from the general public. Finally, this paper comprehensively summarizes Lee's philosophy and presents its implications.

Keywords:

Lee Byung-cheol, Samsung, Management Philosophy, Structural Topic Model

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∙ The author Sungjun Kim is an adjunct professor at Kookmin University and a principal researcher at the Executive Research Institute. His research interests include organizational culture, leadership, people analytics, and the accumulation of individual human capital such as formal training, learning behavior, and employability.

∙ The author Boyoung Kim is a associate professor of Business School at Kookmin University. She received her Ph.D in Business administration from Seoul National University. Her research interests include proactive behaviors, leadership, and organizational change.