Sentences with phrase «chaebol reform»
Even though North Korea's participation in the games hogged the spotlight in the lead - up to the event, the suspension of Jay Y. Lee's five - year prison term for bribery has raised questions more recently over chaebol reform in South Korea.
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In our view, newly elected President Moon Jae - in is likely to deliver fiscal stimulus, work to begin to reform the anti-competitive and opaque practices of powerful conglomerates known as «chaebols» and move to normalize economic ties with China.
The verdict could add impetus to new President Moon Jae - In's campaign pledges to reform the chaebols.
The government of Korea has been a big shareholder in the chaebols, and they are pushing them for reform now: Breaking up businesses, sell non-core assets, pay out higher dividends.