The chaebol that ate Korea

Article Abstract:

Labor unions and the International Monetary Fund (IMF) are both concerned about the impact of conglomerate corporations (chaebols) in South Korea. Their debts and employment have increased, as have their sales and exports as a proportion of total output and exports, since the South Korean economy began to face problems. Closing down the chaebol would mean heavy job losses, and their debts are so large that the banking system would be threatened if their debts were written off. There is concern that a delay in restructuring the chaebol could lead to worse problems later.

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Breathing fire: South Korean industry

Article Abstract:

Ssangyong, South Korea's sixth-largest conglomerate, is in the unenviable position of not being big enough to compete aggressively in global markets and too unwieldy to compete against leaner domestic companies at home. How it is trying to reposition itself is examined.

Management, Ssangyong Co.

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The chaebol spurn charge

Article Abstract:

The pace of change at South Korea's conglomerates of chaebol has been slow, with some companies such as Samsung performing better than others.

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