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Breaking up is hard to do for Korea's conglomerates

Article Abstract:

Financial analysts and investors regard the break-up of South Korea's chaebol, or family-owned conglomerates, as vital to the last phase of the re-engineering of the country's economy. They are looking very closely at the extent to which the South Korean government will force the chaebol to sell off their assets. The financial markets have responded positively to the decision to force Daewoo, the country's second-largest chaebol, to sell all but six units, but will react negatively to any signs of going back on plans to reorganize other chaebol.

Author: Thornton, Philip
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999

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Recovery at risk from social pain

Article Abstract:

Some economists believe that there are good prospects for economic recovery in Asia. However, ordinary people are still suffering from the repercussions of the collapse of the region's economy. The factors that led to economic crisis have been brought under control, but the region's governments still have to address a wide range of social and political problems, mainly caused by the crisis. There are now a few small signs of economic recovery in Asia.

Author: Parry, Richard Lloyd
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
Financial management, Asia, Business, Economic aspects

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South Korea's future depends on slaying the dinosaurs

Article Abstract:

The future of South Korea's chaebols, or industrial conglomerates, is considered. It is seems inevitable that these operations will have to be scaled down.

Author: Parry, Richard Lloyd
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Production management

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Subjects list: South Korea, Conglomerate corporations, Diversified companies
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