South Korea’s economic landscape has been significantly shaped by its large family-owned conglomerates, known as chaebols. These entities have driven the nation’s rapid development, but also face criticism for their dominant market position and governance issues. Skip Montreux and Dez Morgan examine the world of South Korean chaebols and the phenomenon known as the Korea Discount. They explore the history and structure of these powerful business entities, their economic influence, and the controversies surrounding them. Their discussion also covers how these conglomerates impact the valuation of South Korean companies on the global stage, and the reasons behind the Korea Discount. D2B 320 provides a comprehensive analysis of South Korean chaebols and the Korea Discount, shedding light on the intricate dynamics of these family-run conglomerates and their significant impact on the country’s economy. From their historical roots to the modern challenges they face, this episode explores the complex role chaebols play in South Korea’s economic landscape. Do you like what you hear? Become a D2B Member today for to access to interactive audio scripts, audio script PDFs, bonus vocabulary episodes, and D2B Member-only episodes. Visit d2benglish.com/membership for more information.