|
Chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebol have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai Group, Hyundai has made efforts in the thawing of North Korea–South Korea relations, North Korean relations, despite some controversy. Many South Korean family-run chaebol have been criticised for low dividend payouts and other governance practices that favor controlling shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Miracle On The Han River
The Miracle on the Han River () was the period of rapid economic growth in South Korea, following the Korean War (1950–1953), during which South Korea transformed from one of the least developed countries into a highly developed country. The rapid reconstruction and development of the South Korean economy during the latter half of the 20th century was accompanied by events such as the country's hosting of the 1988 Summer Olympics and its co-hosting of the 2002 FIFA World Cup, as well as the ascension of family-owned conglomerates known as chaebols, such as Samsung, LG, and Hyundai Group, Hyundai. This growth also encompassed declines in child mortality and increases in life expectancy. South Korea during this period has been described as "corporatist" or as practicing state capitalism. This period of growth was overseen by the Democratic Republican Party (South Korea), Democratic Republican Party (DRP),Kohli, A. (2004). ''State-Directed Development: Political Power and Industr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 Hyundai Engineering & Construction, as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (), meaning "modernity". History In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South Kore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zaibatsu
is a Japanese language, Japanese term referring to industrial and financial vertical integration, vertically integrated business conglomerate (company), conglomerates in the Empire of Japan, whose influence and size allowed control over significant parts of the Economy of Japan, Japanese economy from the Meiji period to World War II. A zaibatsu's general structure included a family-owned holding company on top, and a bank which financed the other, mostly industrial subsidiaries within them. Although the zaibatsu played an important role in the Japanese economy beginning in 1868, they especially increased in number and importance following the Russo-Japanese War, World War I, and Japan's subsequent attempt to conquer East Asia and the Pacific Rim during the interwar period and World War II. After World War II, they were dissolved by the Occupation of Japan, Allied occupation forces and succeeded by the ''keiretsu'' (groups of banks, manufacturers, suppliers, and distributors). Equ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and the Sea of Japan to the east. Like North Korea, South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has Demographics of South Korea, a population of about 52 million, of which half live in the Seoul Metropolitan Area, the List of largest cities, ninth most populous metropolitan area in the world; other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Gojoseon, Its first kingdom was noted in Chinese records in the early seventh century BC. From the mid first century BC, various Polity, polities consolidated into the rival Three Kingdoms of Korea, kingdoms of Goguryeo, Baekje, and Sil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Occupation Of Japan
Japan was occupied and administered by the Allies of World War II from the surrender of the Empire of Japan on September 2, 1945, at the war's end until the Treaty of San Francisco took effect on April 28, 1952. The occupation, led by the American military with support from the British Commonwealth and under the supervision of the Far Eastern Commission, involved a total of nearly one million Allied soldiers. The occupation was overseen by the US General Douglas MacArthur, who was appointed Supreme Commander for the Allied Powers by the US president Harry S. Truman; MacArthur was succeeded as supreme commander by General Matthew Ridgway in 1951. Unlike in the occupations of Germany and Austria, the Soviet Union had little to no influence in Japan, declining to participate because it did not want to place Soviet troops under MacArthur's direct command. This foreign presence marks the only time in the history of Japan that it has been occupied by a foreign power. However, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Incheon Ilbo
Incheon is a city located in northwestern South Korea, bordering Seoul and Gyeonggi Province to the east. Inhabited since the Neolithic, Incheon was home to just 4,700 people when it became an international port in 1883. As of February 2020, about 3 million people live in the city, making it South Korea's third-most-populous city after Seoul and Busan. The city's growth has been assured in modern times with the development of its port due to its natural advantages as a coastal city and its proximity to the South Korean capital. It is part of the Seoul Metropolitan Area, along with Seoul itself and Gyeonggi Province, forming the world's fourth-largest metropolitan area by population. Incheon has since led the economic development of South Korea by opening its port to the outside world, ushering in the modernization of South Korea as a center of industrialization. In 2003, the city was designated as South Korea's first free economic zone. Since then, large local companies and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan Word
A loanword (also a loan word, loan-word) is a word at least partly assimilated from one language (the donor language) into another language (the recipient or target language), through the process of borrowing (linguistics), borrowing. Borrowing is a metaphorical term that is well established in the linguistic field despite its acknowledged descriptive flaws: nothing is taken away from the donor language and there is no expectation of returning anything (i.e., the loanword). Loanwords may be contrasted with calques, in which a word is borrowed into the recipient language by being directly translated from the donor language rather than being adopted in (an approximation of) its original form. They must also be distinguished from cognates, which are words in two or more language family, related languages that are similar because they share an etymological origin in the ancestral language, rather than because one borrowed the word from the other. Examples and related terms A loanw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include Stock, equity, Bond (finance), debt, Security (finance), securities, real estate, infrastructure, currency, commodity, Exonumia, token, derivatives such as put and call Option (finance), options, Futures contract, futures, Forward contract, forwards, etc. This definition makes no distinction between the investors in the Primary market, primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder. Types of investors There are two types of investors: retail investors and institutional investors. A ''retail investor'' is also known as an ''individual investor''. There are several sub-typ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Headquarter Building, Jongno-gu, Seoul
Hyundai is a former South Korean industrial conglomerate ("''chaebol''"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Asan, a real estate construction and civil engineering company * Hyundai Motor Group, the automotive part of the former conglomerate ** Hyundai Motor Company, an automobile manufacturer ** Hyundai Mobis, a car parts company ** Hyundai Motorsport, a racing team ** Hyundai Rotem Hyundai Rotem Company, often referred to as Hyundai Rotem (), is a South Korean manufacturer of railway rolling stock, railway signalling, defense products and plant equipment. It is a member of Hyundai Motor Group and has presence in more than ..., a manufacturer of railway vehicles, defense systems, and factory equipment ** Hyundai Engineering and Construction, a construction company * HD Hyundai Group, the heavy industry part of the former conglomerate ** HD Hyundai Heavy Industries, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sino-Japanese Vocabulary
Sino-Japanese vocabulary, also known as , is a subset of Japanese vocabulary that originated in Chinese language, Chinese or was created from elements borrowed from Chinese. Most Sino-Japanese words were borrowed in the 5th–9th centuries AD, from Early Middle Chinese into Old Japanese. Some grammatical structures and sentence patterns can also be identified as Sino-Japanese. is one of three broad categories into which the Japanese vocabulary is divided. The others are native Japanese vocabulary (''yamato kotoba'') and borrowings from other, mainly Western languages (''gairaigo''). It has been estimated that about 60% of the words contained in modern Japanese dictionaries are ', and that about 18–20% of words used in common speech are '. The usage of such words also increases in formal or literary contexts, and in expressions of abstract or complex ideas. ', the use of Chinese-derived words in Japanese, is to be distinguished from ''kanbun'', which is historical Classical Chin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea
Korea is a peninsular region in East Asia consisting of the Korean Peninsula, Jeju Island, and smaller islands. Since the end of World War II in 1945, it has been politically Division of Korea, divided at or near the 38th parallel north, 38th parallel between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK). Both countries proclaimed independence in 1948, and the two countries fought the Korean War from 1950 to 1953. The region is bordered by China to the north and Russia to the northeast, across the Yalu River, Amnok (Yalu) and Tumen River, Duman (Tumen) rivers, and is separated from Japan to the southeast by the Korea Strait. Known human habitation of the Korean peninsula dates to 40,000 BC. The kingdom of Gojoseon, which according to tradition was founded in 2333 BC, fell to the Han dynasty in 108 BC. It was followed by the Three Kingdoms of Korea, Three Kingdoms period, in which Korea was divided into Goguryeo, Baekje, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
