1. Chaebols in South Korea
Article: How Chaebols are
stifling South Korea’s economy?
Ref: ET Dec 1st 2012

2. What are Chaebols?
Chaebols are large groups of family
controlled companies in South
Korea. Literally, the word chaebol,
pronounced jay BOL or chay bol,
means business association
Chaebols are similar to keiretsu in
Japan

3. Chaebols
Each Chaebol is owned, controlled or
managed by the same family dynasty,
generally that of the group's founder.
Samsung, Hyundai and LG Group are
among the biggest and most prominent
Chaebol

4. Present Scenario
Small businesses are in red due to
high voltage Chaebols business
power in the south Korean Economy
As per World bank report South
Koreas economy hold no: 15 place
Chaebols led success in Koreas
Economy is a cost to the country

5. Present Scenario
Widening income gap
Highest suicide rate in the developed world
Conglomerates account for nearly half of GDP
The top ten Chaebols make up more than half
the value of the 1770 companies on the Korea
Stock exchange.

6. Top Chaebols
Lotte Group
SK Group
LG group
Samsung Group
Hundai Kia Automotive Group

7. Korean Chaebols in India
Samsung - $ 3.6 Billion*
LG - $2.9 Billion
Hyundai $ 3.7 Billion
*Annual Revenue