ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

South Korea targets Samsung and others under tougher corporate law

Regulator says six conglomerates will have to meet new rules for financial groups

Business groups deemed “financial conglomerates” face greater scrutiny under South Korea’s new corporate law. (Source photos by AP, Reuters and screenshot from Mirae Asset, DB and Kyobo website) 

SEOUL -- South Korea on Wednesday named six conglomerates it plans to target under a new corporate law, including Samsung and Hyundai, as part of its push to rein in the country's powerful family-owned business empires.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more