Choi Soon-sil, a confidante of Park, was convicted of receiving bribes from South Korean conglomerates
including Samsung, the world's biggest maker of smartphones and semiconductors, and the Lotte Group.
Dong-seon's actions, which caused the public to cast doubt on the children of higher-ups in South Korean conglomerates
, are shared by his brother, Dong-won, Seung-yeon's second son.
It seems that the South Korean conglomerates
bid for Axiall has driven Westlake Chemical to take high-speed moves and seal the deal.
Abenomics and the yen collapse has hit the competitiveness of South Korean conglomerates
(chaebols) in global export markets.
The 30 biggest South Korean conglomerates
intend to invest over KRW 51.
The Japanese banks have been lending to South Korean conglomerates
, it said.
Indeed, debt-driven expansion was a common strategy for South Korean conglomerates
that spearheaded the country's dramatic rise from the ashes of the Korean War.
Reluctance by South Korean conglomerates
to embrace reform is hindering the nation's economic recovery, according to a prominent government official.
Benefits from growth have been very unevenly distributed, the major portion going to military and government leaders and a few South Korean conglomerates
The South Korean conglomerates
newly launched three-way JV firm with Advanced Petrochemical Company (APC) of Saudi Arabia and Kuwaiti Petrochemical Industries Company (PIC) will operate as SK Advanced.
South Korean conglomerates
have been accused of over-expanding during the boom years, sowing the seeds for the country's financial crisis.
As with other South Korean conglomerates
, the HYUNDAI Group also exhibits a distinctive cross-shareholding structure where their own group companies mutually hold each other's shares, and hence faces challenges in capital efficiency.