Potential Big Changes at the Korean Chaebols - The Age Factor of Chairman/Honorary Chairman
One of the important factors of big changes at the Korean chaebols is the age factor of the chairman/honorary chairman of each of these conglomerates.
In this insight, we provide the shareholding ownerships and ages of the top 10 Korean conglomerates where age could become a major factor in impacting big changes that could occur.
Among the 10 conglomerates listed below, Hyundai Motor Group, Celltrion Group, and SK Group have shown greater willingness to improve their shareholder return policies.
Amid the ongoing moves for various Corporate Value up programs in Korea, one of the important factors of big changes at the Korean chaebols is the age factor of the chairman/honorary chairman of each of these conglomerates.
Mainly due to the extremely high inheritance taxes that are often as high as 50-55% for major shareholders, there are sometimes once in a generation changes at many of these Korean conglomerates when the chairman/honorary chairman passes away. The recent major changes at the Samsung Group and LG Group are excellent examples of these events.
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