However, this is not a surprise. Thanks to their own political and economic clout and existing regulatory ambiguities, the chaebols, can dodge regulatory efforts and outside pressure to strengthen ...
Industry. In the past, the South Korean government collaborated with its industrial allies the chaebols (predominantly large conglomerate firms) to orchestrate technology commercialization in the ...
Chaebols played a key role in the building of heavy industries such as car manufacturing and ship building, in export promotion, and in the creation of jobs. On the other hand, their expansionist, ...
From massive family-run “chaebols” to smaller enterprises, succession is expensive business in corporate Korea, one of just five of the 36 members of the Organization for Economic Cooperation ...
South Korea tackled difficult economic reforms following the crisis, including restructuring some chaebols, increasing labor market flexibility, and opening up to more foreign investment and imports.
But the conglomerates of South-East Asia are particularly worrisome. South Korea’s chaebols—family-owned conglomerates such as Samsung, Hyundai and LG—are big and innovative in part because ...
Faced with this reality, the South Korean Government quickly adopted a hard line with the firm, terminating its financial support with immediate effect. Chaebols continue to dominate South Korea’s ...
While chaebols have fueled the rapid growth of the Korean economy, concerns about their opaque governance and controlling shareholder interests often deter external investors. Japan’s zaibatsu ...