Activists take up the fight to reform South Korea's chaebol

Conglomerates under pressure to improve corporate governance

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Analysts say that Hyundai Motor is a good example of how owner risk can damage a company's value and reputation. © Reuters

KIM JAEWON, Nikkei staff writer

SEOUL -- When Moon Jae-in took office as South Korea's new president almost two years ago, he was confident that he could reform the country's over-powerful, family-run chaebol conglomerates.

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