한국재벌과 소유ㆍ경영 승계: LG와 두산의 비교

Abstract

This study makes a comparative study of how, in LG(4th largest as of 2019) and Doosan(15th largest), family ownership and control have been established and strengthened since 2000 and how, in this process, how ownership and control has been succeeded from the 3rd to the 4th generation. In LG, a total of 23 family members from the 2nd, 3rd, and 4th generation were involved in the ownership of the group’s holding company, LG Corporation, which was created in 2001. Of the 23 members, only three were also involved in the management: two from the 3rd generation and one from the 4th generation. By comparison, in Doosan, 34 family members from the 3rd, 4th, and 5th generation had shares in the group’s holding company, Doosan Corporation, which began to acted as a holding company from 2008. Of the 34 members, 14 members had managerial posts in key companies: four from the 3rd generation and 10 from the 4th generation. The succession of control and ownership in LG took place in 2018. A month after the Group Owner and Chairman from the 3rd generation died in May, Koo Gwang-Mo, the adopted son, succeeded to his father as the Group Chairman and, five months later in November, also as the Group Owner. By contrast, the succession in Doosan took many years to complete. In 2007, Park Jung-Won from the 4th generation became the largest shareholder in the holding company; in 2016 he was appointed the Group Chairman; and, in 2019, he succeeded to his father as the Group Owner.