Conglomerate

Toshiba shares fell as watchdog suspects misreporting of profits by $339.59 million

Toshiba Corp shares fell more than five percent in early trade on Wednesday after media reported the security watchdog suspects the Japanese conglomerate of misreporting profits by 40 billion yen ($339.59 million) over three years.

Lee Jae-yong, Vice Chairman of Samsung Electronics refuted bribery accusations

Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday denied bribery allegations over last year's controversial merger of two subsidiaries of the group which is South Korea's largest family-run conglomerate.

Activist investor Elliott's attempt to transform Samsung may push founding family to embrace change

Samsung Electronics Co shares jumped to a record high on Thursday after activist investor Elliott Management submitted unsolicited proposals for a radical corporate makeover at the world's biggest smartphone maker.

S Korea's main opposition demands economic democracy

Lee Yong-sup, head of the left-of-centre party's policy committee, told Reuters in an interview that it also planned to boost spending on the poor with higher taxes on the rich.

Why family business conglomerates will shrink

They are still around only because of India's imperfections, where growth has been facilitated by cronyism, corruption, and easy money - usually somebody else's