CEO Score Archives | Be Korea-savvy
Naver Named as Top-Performing Firm in South Korea

Naver Named as Top-Performing Firm in South Korea

  SEOUL, May 24 (Korea Bizwire) – Naver Corp. was picked as the top firm for its business performance among the country’s major 500 companies, data showed Tuesday, beating Samsung Electronics Co. According to the data compiled by industry tracker CEO Score, South Korea’s No. 1 Internet portal operator received top remarks in a business evaluation that centered on eight areas, including earnings, investment, job creation and transparency. While Naver stood as the [...]

Former High-rank Government Officials Favored for Outside Directors

Former High-rank Government Officials Favored for Outside Directors

SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s major business groups prefer retired public officers as outside directors, data showed Wednesday, in a widespread practice to expand their network in the government. According to corporate researcher CEO Score, 38.6 percent of 609 outside directors serving at 187 listed firms affiliated with the nation’s top 30 [...]

No. of Executives in Korean Conglomerates Declines due to Weak Earnings

SEOUL, June 10 (Korea Bizwire) — The number of executives at South Korea’s conglomerates have declined in the first quarter, a report showed Wednesday, as many businesses here scrambled to cut back costs amid a protracted economic slowdown. The number of high-ranking executives at 268 firms affiliated with 30 local conglomerates stood at 10,486 in [...]

Korea’s Economy Too Dependent on Samsung, Hyundai Motor Groups

Korea’s Economy Too Dependent on Samsung, Hyundai Motor Groups

SEOUL, April 20 (Korea Bizwire) – Korea’s two largest business groups, Samsung Group and Hyundai Motor Group, accounted for a significant portion of the net profits of the top 30 groups in Korea, by generating more than four fifths of their total earnings. Korea generally categorizes the top 30 business groups as representing the Korean economy, [...]

Conglomerates Spend More on R&D, Intellectual Property in 2014: Report

Conglomerates Spend More on R&D, Intellectual Property in 2014: Report

SEOUL, April 5 (Korea Bizwire) — South Korea’s top conglomerates spent more on research and development and intellectual property to seek new growth engines in 2014, while cutting back on facility-related investments, a report showed Sunday. A total of 274 firms belonging to the country’s 30 largest business groups injected 35.31 trillion won (US$32.31 billion) into [...]

Chaebol Scions Promoted to Executives at Young Age

Chaebol Scions Promoted to Executives at Young Age

SEOUL, Jan. 8 (Korea Bizwire) – The offspring of South Korean business group founders have been fast-tracked up the corporate ladder, many of them becoming executives in their early 30s, data from a business research firm showed Thursday. According to CEO Score, 44 such children, mostly third or fourth-generation family members of company founders, were [...]

10% of Stocks of Top-30 Group Owners Pledged as Collateral…CEO Score

10% of Stocks of Top-30 Group Owners Pledged as Collateral…CEO Score

SEOUL, Oct. 16 (Korea Bizwire) – As much as 10 percent of all stocks held by the owner families of top-30 conglomerates is being pledged as collateral for their loans with banks and other financial institutions. Of these, the collateral-to-stock ratios of seven business groups including Doosan, Dongbu, and Hanjin were in excess of 50 percent while [...]