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.
Conglomerates under pressure to improve corporate governance

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