Chaebol Chaebol A chaebol (; ) is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. The term is often used in a context similar to that of the English word "conglomerate". The term was derived from the Japanese. It was first used in English in 1984. There are several dozen large South Korean family-controlled corporate groups that fall under this definition. The chaebol have also played a significant
Owned-and-operated station Channel Islands, most of the operations of the network have been absorbed into that entity. Moreover, the separately owned station serving northern and central Scotland (STV) and the ITV plc-owned UTV often deviate significantly from the schedule of the ITV channel as programmed by ITV plc. As a result of this restructuring and other changes in the relationship between ITV and STV, the Channel 3 franchises owned by ITV plc could now be considered ITV owned-and-operated stations, with STV being comparable to an affiliate. From 1982 to 2010, a somewhat comparable situation existed for the fourth channel allocation, with Channel