South Korea: Shareholder activism unnerves chaebol
KCGI seeks to force Cho out of Hanjin management Shareholder activism has emerged as the centerpiece of the nation’s capital market. A growing number of shareholders at large Korean companies or chaebol are trying to have a bigger say in their management and to influence the owner families’ behavior by exercising their rights as partial owners. […]
Moon expands communication with chaebol
Approval ratings of President Moon Jae-in remained relatively high in the first week of this year on the back of public approval for his signature “engagement-focused” North Korea policy. But his lackluster and not-that-impressive domestic policy, particularly the apparent failure of its economic policies after its decision to hike the minimum wage and cut the […]
Korea’s economic cul-de-sac
Korea is likely to be among the most vulnerable economies in Asia if the Sino-American trade war escalates. While Korea’s economic strength rests on exports, this also proves to be its biggest weakness when global trade slows. Although the country recently signed a revised free trade agreement with the U.S., China remains its biggest overseas […]
Naver: online chaebol?
American Internet giant eBay has been controlling Korea’s electronic commerce markets through its affiliates Auction and Gmarket, but it remains to be seen whether local search king Naver could give it a run for its money. Search giant looks to launch open market service Naver, Korea’s near omnipresent portal accounting for over 70 percent of […]
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