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chaebol
(redirected from Chaebols)

   Also found in: Wikipedia 0.01 sec.
chae·bol  (jbl)
n. pl. chaebol
A conglomerate of businesses, usually owned by a single family, especially in Korea.

[Korean chaebl : chae, wealth (from Middle Chinese tshaj) + bl, powerful family (from Middle Chinese buat).]

chaebol [ˈtʃeɪbɒl]
n
(Business / Commerce) a large, usually family-owned, business group in South Korea
[from Korean, literally: money clan]


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If we define our network in terms of cooperative ties among firms in an economy, algorithms for detecting cohesive subgroups can be used to find "network organizations," keiretsus, chaebols, business groups, industrial districts and other knots of interrelated firms.
Park, 1999, "Financing Constraints and Internal Capital Markets: Evidence from Korean Chaebols," Journal of Corporate Finance 5, 169-191.
Indeed, Korean chaebols (conglomerates) such as Lucky Goldstar, Hyundai, Daewoo etc have been accessing Islamic trade finance (commodity Murabaha) facilities, structured mainly through the London market, since the early 1980s.
 
 
 
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