Social network analysis of Korean conglomerates based on internal transactions

The economic growth of South Korea has been largely attributed to Korean conglomerates (also known as “Chaebol”). Thus, the in uence of Chaebol on the Korean economy has attracted a fair amount of attention. In this paper, social network analysis (SNA) methods have been applied to the networks of the top three Korean Chaebol, and networks have been constructed based on their internal transactions. The results showed that Korean Chaebol networks have high degrees of density and centralization. This paper demonstrates that SNA techniques can be used in the empirical research and analysis of the internal transactions of Korean conglomerates.