In 2019, there were approximately 311 companies operating in the manufacturing sector in South Korea that were subject to cross-shareholding restrictions. Wholesale and retail trade ranked second, with around 178 companies subject to such restrictions.
Number of companies subject to limitations on cross-shareholding in South Korea in 2019, by industry
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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Statistics Korea. (December 14, 2020). Number of companies subject to limitations on cross-shareholding in South Korea in 2019, by industry [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/1314684/south-korea-companies-subject-to-limitations-on-cross-shareholding-by-industry/
Statistics Korea. "Number of companies subject to limitations on cross-shareholding in South Korea in 2019, by industry." Chart. December 14, 2020. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/1314684/south-korea-companies-subject-to-limitations-on-cross-shareholding-by-industry/
Statistics Korea. (2020). Number of companies subject to limitations on cross-shareholding in South Korea in 2019, by industry. Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/1314684/south-korea-companies-subject-to-limitations-on-cross-shareholding-by-industry/
Statistics Korea. "Number of Companies Subject to Limitations on Cross-shareholding in South Korea in 2019, by Industry." Statista, Statista Inc., 14 Dec 2020, https://www.statista.com/statistics/1314684/south-korea-companies-subject-to-limitations-on-cross-shareholding-by-industry/
Statistics Korea, Number of companies subject to limitations on cross-shareholding in South Korea in 2019, by industry Statista, https://www.statista.com/statistics/1314684/south-korea-companies-subject-to-limitations-on-cross-shareholding-by-industry/ (last visited January 09, 2025)
Number of companies subject to limitations on cross-shareholding in South Korea in 2019, by industry [Graph], Statistics Korea, December 14, 2020. [Online]. Available: https://www.statista.com/statistics/1314684/south-korea-companies-subject-to-limitations-on-cross-shareholding-by-industry/
