Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • February 2008
  • Supplement
  • HBS Case Collection

Shinhan Financial Group (B)

By: Rosabeth Moss Kanter and Matthew J. Morgan
  • Format:Print
  • | Pages:12
ShareBar

Abstract

By 2007, there were many signs that the merger of Chohung and Shinhan banks to form the Shinhan Financial Group in 2003 had met its goals. Shinhan Financial Group's stock price had increased from $31 a share at its opening on the New York Stock Exchange in September 2003, soon after the merger had been announced, to $91 in April 2006 after the legal merger occurred. Employees were also exhibiting increasing identification with the new bank. Looking into the future, the financial group hopes to expand overseas. In addition to pursuing opportunities in regional Asian markets, European and former Soviet markets as well as the large Korean immigrant community in the United States provide valuable expansion possibilities. The successful Chohung merger was an important first step in Shinhan's plans to become a global player in the financial services industry.

Keywords

Mergers and Acquisitions; Global Strategy; Expansion; Markets; Strategic Planning; South Korea

Citation

Kanter, Rosabeth Moss, and Matthew J. Morgan. "Shinhan Financial Group (B)." Harvard Business School Supplement 308-095, February 2008.
  • Purchase

About The Author

Rosabeth M. Kanter

General Management
→More Publications

More from the Authors

    • May 2022
    • Faculty Research

    Climate Action in Miami

    By: Rosabeth Moss Kanter and Catarina Martinez
    • May 18, 2022
    • CNN.com

    Want to Keep Your Employees Happy? Offer These 5 Things

    By: Rosabeth M. Kanter
    • April 2022
    • Faculty Research

    CVS Health: Prescription for Transformation

    By: Rosabeth Moss Kanter and Catarina Martinez
More from the Authors
  • Climate Action in Miami By: Rosabeth Moss Kanter and Catarina Martinez
  • Want to Keep Your Employees Happy? Offer These 5 Things By: Rosabeth M. Kanter
  • CVS Health: Prescription for Transformation By: Rosabeth Moss Kanter and Catarina Martinez
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College