The 1997 financial crisis weaned chaebol from its dependency on the government that enabled them to make their incredible growth. Chung Mong-koo had taken the reins of Hyundai Motors in 1999. His ...
If there is one thing that Korea’s three presidential candidates can agree on, it’s the need for “economic democratization.” That’s the trendy term for the reform of the country’s family-owned ...
Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the Monitor ...
The rise of the South Korean family-run business empires known as chaebol underpinned South Korea’s “economic miracle.” But as the third and fourth generations take over these immense groupings, the ...
SEOUL—South Korea’s new president, like his predecessors, promised to loosen the hold that powerful, family-run business empires such as Samsung have over the economy, and he has a rare opening to ...
THE Fair Trade Commission released a chart Monday, which illustrates the shareholding structure of 63 family-controlled conglomerates and their subsidiaries. The diagram … drew attention to two things ...
Nattavud Pimpa does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
SEOUL (Reuters) - A South Korean court will sentence Samsung Electronics Co Ltd heir Jay Y. Lee on a bribery charge on Monday, a ruling likely to have ramifications not just for his company but for ...
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