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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 [...]