The feud has broader implications for South Korea’s biggest companies, testing whether the powerful family-run conglomerates, known as chaebols, can coexist with Western-style corporate governance.

South Korea’s family-run conglomerates – or chaebols – have been big drivers of economic growth, and because of that, they’ve largely been seen as untouchable — until now. The chaebols ...

South Korea’s decades-long transformation from economic minnow to industrial giant owes much to its sprawling, family-run conglomerates known as chaebols. These include LG Corp., Hyundai ...

Governance concerns: The fight exposes flaws in South Korea’s chaebol system, where family-run conglomerates often prioritize internal power dynamics over stakeholder value. Korea Zinc risks ...

In 2004, South Korea's GDP surpassed one trillion dollars ... These policies also led to the emergence of family-owned chaebol conglomerates such as Daewoo, Hyundai, and Samsung, which retained ...

South Korea’s chaebols, including Samsung ... their complex shareholding structures often favour founding families at the expense of external investors, perpetuating governance concerns.