Conglomerates earned 2.2 trillion won last year with their flagship brands... SK, LG, and Hanwha in order | Yonhap News Agency

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대기업집단, 작년 간판값으로 2.2조 벌었다…SK·LG·한화 순 | 연합뉴스
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In 2022, Korean conglomerates earned 2 trillion 239 billion won from affiliate companies as signboard values. SK Group received the most signboard value at 3 trillion 499 billion won, followed by LG Group with 3 trillion 490 billion won. While signboard values are legitimate transactions, concerns are being raised that their intangible nature could be exploited for personal gain by controlling families. The Fair Trade Commission is conducting on-site investigations into Hanwha and CJ to determine the appropriateness of signboard values. Lee Yang-soo, a lawmaker from the People Power Party, pointed out that receiving signboard values could lead to unfair expenditures by affiliates and urged the FTC to take strict measures.

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