Chaebols are made up of different companies (listed, or not), but with the same or related interests in control. They use cross shareholdings, related high level managers and directors, and range of other measures to keep control.
One of the reasons Moon Man won last year's election in SK was because of the exposure of connections b/w government and the chaebols.
The Ex-Pres got slotted for 24 years in April;
https://www.theguardian.com/world/2...-president-park-geun-hye-guilty-of-corruption
"The scandal exposed what has long been widely suspected in South Korea: an entangled web of government and the chaebol – sprawling business conglomerates that dominate the economy."
Chaebols are made up of different companies (listed, or not),...
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