This study aims to investigate the problems of the current agricultural corporation system by conducting case studies and a questionnaire survey of agricultural corporation operators. It also seeks to come up with directions and practical ways for the institutional improvement of agricultural corporations with regard to various aspects such as law, institution, and policy by drawing implications from the agricultural corporation systems and policies in advanced countries.
The directions for developing Korean agricultural corporations are suggested to achieve two distinct goals. One of them is to provide a basis for fostering large scale agricultural corporations as business enterprises. The other is to establish a new form of corporation with the scale of small family farms, thus rationalizing the family farm management currently prevailing.