In 2019, the revenue of companies subject to cross-shareholding restrictions in the manufacturing sector accounted for more than 50 percent of their total sales in all industries in South Korea. The finance and insurance sector ranked second, accounting for about 12.6 percent of these companies' sales.
Distribution of revenue generated by 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). Distribution of revenue generated by 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/1314714/south-korea-revenue-distribution-of-large-conglomerates-by-industry/
Statistics Korea. "Distribution of revenue generated by 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/1314714/south-korea-revenue-distribution-of-large-conglomerates-by-industry/
Statistics Korea. (2020). Distribution of revenue generated by 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/1314714/south-korea-revenue-distribution-of-large-conglomerates-by-industry/
Statistics Korea. "Distribution of Revenue Generated by 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/1314714/south-korea-revenue-distribution-of-large-conglomerates-by-industry/
Statistics Korea, Distribution of revenue generated by companies subject to limitations on cross-shareholding in South Korea in 2019, by industry Statista, https://www.statista.com/statistics/1314714/south-korea-revenue-distribution-of-large-conglomerates-by-industry/ (last visited January 09, 2025)
Distribution of revenue generated by 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/1314714/south-korea-revenue-distribution-of-large-conglomerates-by-industry/
