business group Archives | Be Korea-savvy

Chaebol Offspring Land Executive Positions Just 5 Years After Joining Their Parents’ Companies

SEOUL, Jan. 14 (Korea Bizwire) — The offspring of South Korean business group founders are typically promoted to executive positions within five years of joining their parents’ companies, a business research firm showed Wednesday. On average, it took 14.1 years for them to become presidents after starting out. It took an average of 4.8 years [...]

Dividend Payout for Top 10 Biz Group Heads Hits All-time High

SEOUL, March 8 (Korea Bizwire) — The amount of dividends to be paid to the heads of South Korea’s top 10 business groups will reach an all-time high for the 2014 fiscal year, market data showed Sunday. According to the data provided by financial investment firms and Chaebul.com, a website that tracks the country’s conglomerates, [...]