A chaebol is a type of Korean conglomerate, similar to the prewar zaibatsu of Japan, which has multiplied in the Republic of Korea (South Korea) since the 1960s. A chaebol may be defined as "a diversified business group which is exclusively...

Korean group of giant companies controlled by a family-owned holding company See also:...

Chaebol (alternatively Jaebol, Jaebeol) ['ʨɛːbəl] refers to a South Korean form of business conglomerate. The Korean word means "business group" or "trust" and is often used the way "Big Business" is used in English. There are several dozen large...

Lee Kun-hee, chairman of Samsung Electronics, has been no stranger to scandal as head of South Korea's largest company and the huge conglomerate it anchors.And he has emerged each time, even from a bribery conviction, relatively unscathed.But new allegations — chiefly, that the conglomerate maintained...

The Global Economy: Ten years ago, Asia's Miracle became Asia's Meltdown, a financial debacle so crushing that many feared the region wouldn't recover. But it did, by freeing its markets. It remains a beacon for the world.July 2, 1997 remains a day that most people...

Special prosecutors raided the headquarters of Samsung Group on Tuesday in a widening probe into allegations that the massive conglomerate set up a slush fund to bribe influential figures.The raid, which occurred in the same building where global technology giant Samsung Electronics, the flagship of...

South Koreans take great pride in Samsung, known worldwide for sleek flat-screen TVs, high-tech mobile phones, hulking container ships and mega-construction projects.But a spreading bribery scandal has renewed old concerns about the perceived power and influence of the "Republic of Samsung" — as the conglomerate...