SEOUL -- South Korea's family-run conglomerates are struggling to keep up with changes wrought by the new liberal government, as they try to improve corporate governance and deal with criminal charges against their owner family members.
Business
South Korean chaebols struggle over hurdles
Lotte reorganizes into holding company, Samsung heir appears in court
Lotte Corporation Chairman and CEO Shin Dong-bin waves the flag of the new holding company at its launch event in Seoul, Thursday. (Courtesy of Lotte Corporation)
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