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| Name | South Korea’s family-run business empires |
| Video Uploader | Video From South China Morning Post |
| Upload Date | This Video Uploaded At 14-07-2024 01:01:15 |
| Video Discription | Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube More stories about South Korea: https://sc.mp/skorea Chaebols are family-owned conglomerates in South Korea that have long been at the centre of public interest. Their outsized influence skyrocketed as the country rapidly emerged from post-war poverty to become a major developed economy. But chaebols have also been a source of public anger, as they earned a reputation for corruption and engaged in unfair business practices often blamed for growing inequality. Amid one of the country’s biggest scandals, huge protests in 2016 demanded the break-up of chaebols accused of bribing then-president Park Geun-hye. But years later, how much progress has South Korea made towards reining in the powerful chaebols? Support us: https://subscribe.scmp.com Follow us on: Website: https://www.scmp.com Facebook: https://facebook.com/scmp Twitter: https://twitter.com/scmpnews Instagram: https://instagram.com/scmpnews Linkedin: https://www.linkedin.com/company/south-china-morning-post/ #scmp #SCMPOriginals #SouthKorea |
| Category | News & Politics |
| Tags | Chaebol | Hyundai | K-pop | LG | SCMP | Samsung | South China Morning Post | South Korea | South Korea business | South Korea economy | South Korea’s family-run business empires |
