Chaebol the claim that in order to be a competitive economy more power must be given to the chaebol. In recent years, the leading political parties of South Korea have reversed their pro-large corporate stance to one of economic diversification. Under Kim Dae-Jung and in the wake of the 1997 Asian Financial crisis, many reforms were made to the chaebol. Most of these changes pertained to corporate structure, transparency in financial reporting, corporate governance, and debt stabilization. In 1997, the IMF provided a bailout loan of $60 billion conditional on revision. Distressed financial institutions were to be closed down and those
Owned-and-operated station "Channel 2" or "Dos" for its Manila O&O DWWX-TV. The ITV network is jointly owned by the owners of the local "Channel 3" stations throughout the United Kingdom, which since 2016 have been consolidated into two companies: ITV plc and STV Group plc. This means that officially, the stations own the network, rather than the network owning stations as is the case in most of the other countries listed here. However, since the 2004 creation of ITV plc, which since 2016 has owned and operated all of the Channel 3 licences serving England, Wales, southern Scotland, Northern Ireland and the