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Number of large business groups participating in circular shareholding in South Korea from 2014 to 2023

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Source

Release date

September 2023

Region

South Korea

Survey time period

2014 to 2023

Special properties

business groups subject to disclosure requirements under the Monopoly Regulation and Fair Trade Act

Supplementary notes

The South Korean Monopoly Regulation and Fair Trade Act prohibits circular shareholding of business groups with total assets of ten trillion South Korean won or more. According to the law, a member company of a business group subject to limitations on circular shareholding "shall neither acquire nor hold shares of any affiliate that, in turn, acquires or holds shares of that member company."

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Number of conglomerates practicing circular shareholding South Korea 2014-2023

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