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class="se-text-paragraph se-text-paragraph-align- " style="" id="SE-90db41cb-ec1c-4f11-a44f-de0bca6be8e4"><span style="" class="se-fs- se-ff- " id="SE-a0c2ecc4-24dd-4282-9a33-1aa052955329">한국의 재벌 지배구조, 기업 밸류업 가능할까?</span></p> </div> <div class="viewer_title_content"> <div class="viewer_date">2024.11.04. 오전 6:00</div> <div class="viewer_author_wrap"> <div class="viewer_author_inside"> <div class="viewer_author_thumb_box"> <a href="/byteplus/byte/authors/188ab0afe3fuml" class="viewer_author_thumb_link" data-clk="chlh_cont.writer"> <div class="viewer_author_thumb"> <img data-src="https://scs-phinf.pstatic.net/MjAyNDA0MDhfMjU2/MDAxNzEyNTY0MDQ3ODk0.Rrch6zhe6lVc-yV9KGsCKJgLF-_WDu4tkZRfsKJ5iAUg.99IDrSYz0s-rdvzD2MNwh5TOE2lSf-Qe5HRqtrDfoYUg.PNG/image%7Cpremium%7Cauthor%7Cbyteplus_byte%7C2024%7C04%7C08%7C1712564047871.png?type=nfs200_200" class="_LAZY_LOADING" alt="" onerror="this.outerHTML='<span class="no_image"></span>'"> </div> </a> </div> <div class="viewer_author_text"> <em 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보내기</span></span> </a> </span> <div class="font_resize_wrap"> <button type="button" class="font_resize_button _TOGGLE" data-target="_CONTENT_FONT_SIZE_LAYER" data-clk="chlh_cont.textsize" data-classvalue="is_spread"><span class="blind">글씨 크기 조정</span></button> <div id="_CONTENT_FONT_SIZE_LAYER" class="font_resize_layer"> <button class="font_smaller_button _CONTENT_FONT_SIZE" data-clk="chlh_cont.textoriginal" data-font-size="0"><span class="blind">더 작게</span></button> <span class="character_icon">가</span> <button class="font_bigger_button _CONTENT_FONT_SIZE" data-clk="chlh_cont.textplus" data-font-size="1"><span class="blind">더 크게</span></button> </div> </div> </div> </div> </div> </div> </div> </div>   <div class="se-main-container"> <div class="se-component se-text se-l-default" id="SE-d4dace62-5d92-44b3-be39-8f74ab60d14d"> <div class="se-component-content"> <div class="se-section se-section-text se-l-default"> <div class="se-module se-module-text"> <p class="se-text-paragraph se-text-paragraph-align-right " style="" id="SE-1e68a06d-d1ec-4132-bd33-c82b4976f623"><span style="" class="se-fs-fs13 se-ff-system " id="SE-ff42688d-533d-40cd-83aa-c5aea2d5721c">(썸네일 출처: 연합뉴스)</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-014c5f1b-11b5-4443-8538-904f08592246"><span style="" class="se-fs-fs16 se-ff-system " id="SE-8b766ed2-bdd3-4a5b-87c7-c2f81fbb6365">정부가 '코리아 디스카운트' 해소를 위한 기업 밸류업 정책을 발표했지만, 그 효과가 미진하다는 비판이 이어집니다. 밸류업을 기업 자율에 맡겨 놓은 점도 문제로 지적되지만, 재벌 중심의 지배구조가 가장 큰 원인으로 지목되는데요. 총수 일가가 적은 지분으로 경영권을 장악하고, 일반 주주의 권익에 반하는 의사결정을 내리는 점이 외국인 투자자의 불신을 낳죠. 오늘 <경제 한입>에선 우리나라의 재벌 지배구조의 형성과 그 문제점을 짚어봅니다.</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-0f7e170f-b414-4cea-8330-30ca7a893276"><span style="" class="se-fs-fs16 se-ff-system " id="SE-ee412d58-68eb-4f0b-98e2-c35f48caa35b"></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-e86f6b6b-d132-4166-816d-d221f567ba62"><span style="" class="se-fs-fs16 se-ff-system " id="SE-5f8fdfe5-b1f6-444f-bdba-d5478e5dc1d1"></span></p> </div> </div> </div> </div> <div class="se-component se-quotation se-l-quotation_line" id="SE-60518fc3-66c4-4a66-a14e-5e7bb06b5e01"> <div class="se-component-content"> <div class="se-section se-section-quotation se-l-quotation_line"> <blockquote class="se-quotation-container"> <div class="se-module se-module-text se-quote"><p class="se-text-paragraph se-text-paragraph-align- " style="" id="SE-f39964df-074e-402d-ae0e-d7acbcbaaa66"><span style="color:#000000;" class="se-fs-fs24 se-ff- " id="SE-e1e71db5-02a6-4c4a-aafa-c8bcea8ab520"><b>재벌은 어떻게 형성된 걸까?</b></span></p></div> </blockquote> </div> </div> </div> <div class="se-component se-table se-l-default" id="SE-2c544f23-8044-4a91-96d1-95173a5119e1"> <div class="se-component-content"> <div class="se-section se-section-table se-l-default se-section-align-justify" style="width: 100%;"> <div class="se-table-container"> <table class="se-table-content" style="border-style:none;border-width:0px;border-color:rgb(210, 210, 210);"> <tbody><tr class="se-tr"><td class="se-cell" colspan="1" rowspan="1" style="width: 100.0%; height: 43.0px; border-style:none;border-width:0px;border-color:rgb(210, 210, 210); background-color: #e7efff;"> <div class="se-module se-module-text"><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-8b9e8ae6-66cc-4532-9996-15a004e3b2a0"><span style="" class="se-fs-fs16 se-ff- " id="SE-9e88c4b5-b52a-484d-ae8e-a4d05251fa24"><b>🔍 재벌: </b></span><span style="" class="se-fs-fs16 se-ff- se-weight-unset " id="SE-b3ab7821-7593-4e48-84ff-5ed2c9c38266">가족 중심의 지배구조를 통해 여러 계열사를 운영하며, 다양한 산업에 걸쳐 사업을 확장한 대규모 기업 집단을 의미합니다. 삼성, 현대차, SK 등 국내 대기업 대부분이 해당하죠.</span><span style="" class="se-fs-fs16 se-ff- " id="SE-a9064532-d78a-4b7b-97f6-a0aaebb71dcc"><b> </b></span></p></div> </td></tr></tbody> </table> </div> </div> </div> <script type="text/data" class="__se_module_data" data-module='{"type":"v2_table", "id" : "SE-2c544f23-8044-4a91-96d1-95173a5119e1", "data": { "columnCount" : "1" }}'></script> </div> <div class="se-component se-text se-l-default" id="SE-01fbfb2c-6909-4a6d-a62d-e90205e6faeb"> <div class="se-component-content"> <div class="se-section se-section-text se-l-default"> <div class="se-module se-module-text"> <p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-e260632d-7941-4a04-a9f8-1a0d3579b3e2"><span style="" class="se-fs-fs16 se-ff-system " id="SE-ebdd8f6d-a4da-450f-bb1c-7d9499da0c85"><b>🇯🇵🇺🇸 재벌의 기원, 일제강점기와 미군정</b></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-59febbf1-69d1-466f-883f-4cc0047ff327"><span style="background-color:#fbeeb8;" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-03ee21c5-5081-405b-a687-bd298547566f">한국 재벌의 기원은 일제강점기와 미군정기</span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-6af4a16e-f4e5-43f1-902c-c46c6c49d907">로 거슬러 올라갑니다. 일제강점기, 일본은 한반도의 자원을 효율적으로 수탈하기 위해 일본인이 운영하던 기업에 특정 산업에 대한 독점적 권리를 부여했고, 이를 통해 일부 기업들이 빠르게 성장할 수 있었는데요. 해방 이후 미군정은 일본인들이 남긴 자산을 한국 기업가들에게 매각했고, 이 기회를 통해 삼성, SK, LG와 같은 주요 재벌 기업들이 탄생하게 됩니다. </span></p><ul class="se-text-list se-text-list-type-bullet-disc"><li class="se-text-list-item" ><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-4fce2e88-22ef-497e-9453-9313b2f9aef0"><span style="" class="se-fs-fs16 se-ff-system " id="SE-562de2c3-1dc0-43aa-83f1-5643a561d871"><b>삼성: </b></span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-b44d7127-0489-409b-bf41-f9c7b71859bb">1938년 이병철이 대구에서 무역업으로 창업한 삼성상회로 시작했습니다. 해방 이후 미군정이 남긴 호남 지역의 농업 및 정유 관련 자산을 인수해 사업을 확장했고, 이를 바탕으로 제일제당(1946년)과 제일모직(1954년)을 설립해 식품과 섬유 산업에 진출했는데요. 이후 1969년 삼성전자를 설립해 전자 및 반도체 산업에 진출하며 글로벌 대기업으로 발전했습니다.</span></p></li><li class="se-text-list-item" ><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-92eb530f-a973-4fe2-8ea0-910927cb0679"><span style="" class="se-fs-fs16 se-ff-system " id="SE-db9a16d6-7788-4a68-9a58-1f9f51c69393"><b>현대</b></span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-18a7caac-c0e5-4463-a5cc-293edece1413">: 1946년 정주영이 현대자동차공업사로 사업을 시작한 후, 1947년 현대토건사를 설립해 건설업에 본격 진출했습니다. 해방 이후 미군정이 관리하던 일본인 소유의 건설 장비와 시설을 인수해 사업 기반을 마련했고, 한국전쟁 후 미군의 하청 공사를 맡으며 빠르게 성장했습니다. 현대는 이후 자동차, 조선, 철강 등으로 사업을 확장하며 한국의 대표적인 종합 재벌로 성장했습니다.</span></p></li><li class="se-text-list-item" ><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-8589b75d-2efa-42bb-9830-cbf4a1116997"><span style="" class="se-fs-fs16 se-ff-system " id="SE-005fd38d-a28f-4aff-9b63-a90a3dc3d575"><b>SK(선경):</b></span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-069c3a54-c779-4e06-8155-91668c53b14b"> 1953년 최종건이 창업했으며, 일본인이 남긴 경성직물공장의 설비를 인수해 섬유업을 시작했습니다. 섬유 사업에서 성공을 거둔 후, 1973년 대한석유공사(현 SK이노베이션)를 인수하면서 정유 및 에너지 분야로 사업을 확장했고, 이를 기반으로 SK는 에너지, 화학, 통신, 반도체 등 다양한 분야로 진출하며 대기업으로 성장했습니다.</span></p></li><li class="se-text-list-item" ><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-210ab447-5c89-449a-bc59-e56185a2f221"><span style="" class="se-fs-fs16 se-ff-system " id="SE-324ef92d-e748-4729-9095-ad9985a66654"><b>LG(구 락희화학)</b></span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-b5ff27b9-57fc-4f93-aab1-761803db6944">: 1947년 구인회가 설립한 락희화학공업사가 LG의 시작입니다. 해방 후 일본인들이 남긴 화학 산업 자산을 인수해 치약과 비누 등 생활필수품을 제조하며 빠르게 성장했습니다. 이후 전자산업으로 사업을 확장해 한국의 대표 전자제품 제조사로 자리 잡았으며, 현재 화학과 전자, 통신 사업에서 두각을 드러내죠.</span></p></li></ul><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-1f5a6b5f-cb4f-4b69-884f-b873527b0da0"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-f75d8197-aa31-4acb-9c13-19afac076e36"> </span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-97feed4b-aff5-4187-85e3-61feee885e34"><span style="" class="se-fs-fs16 se-ff-system " id="SE-395c4a16-9bc8-49fd-a95f-7e468a5006f7"><b>🏭 산업화와 정부의 강력한 지원</b></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-cf72f7ea-ab51-4010-8e70-400631cfb69c"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-2d676bb9-a3e1-4c87-b06e-319d162a44eb">1960~1970년대 </span><span style="background-color:#fbeeb8;" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-44f3ea15-fdde-45cc-b116-c1b3f7dae974">한국 재벌은 정부의 경제 개발 계획과 수출 주도형 산업화 정책을 토대로 빠른 성장</span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-26fd2b47-171f-4f5e-b017-ee6f3f0d65b3">을 이룩합니다. 정부는 효율적인 자원 배분과 빠른 경제 성장을 위해 특정 기업에 자금 지원과 세금 감면, 저금리 대출 등의 혜택을 몰아줬는데요. 이를 통해 현대는 중동 건설 프로젝트와 자동차·조선산업, 삼성과 LG는 전자·화학 분야에서 성과를 내며 해외 시장에 진출했고, 곧 재벌 기업들은 국제적 경쟁력을 갖춘 기업으로 거듭납니다.</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-7fa33945-294f-4d15-ba89-d92400119e0d"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-29258487-d6c4-4743-b164-9f4d97efbc0f"></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-0bb72b37-ef8c-4e28-8cdd-6969937b69be"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-903b9992-43c1-40c1-871a-ae47cb6eebe4">이 당시 재벌은 정경유착을 통해 안정적인 자금 지원을 확보하며 빠르게 규모를 키웠습니다. 이러한 성장은 한국 경제의 급성장을 이끌었지만, 동시에 재벌 중심의 경제 구조와 지배구조 문제를 일으키는 계기가 되기도 했죠.</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-596e9d22-c73b-4ce1-aecb-7e77c8dd5d19"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-9b230df9-7a3d-4b59-9c46-ded590d68305"> </span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-e3efa49d-9b30-4def-9688-75c64180be43"><span style="" class="se-fs-fs16 se-ff-system " id="SE-dcdd311b-8e05-47ea-b26f-afe735d068ec"><b>👨‍👦 창업주의 고령화와 가업 승계</b></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-cd736896-8ab9-482b-a6fb-c43e32e134d9"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-4e63829c-1e65-4c8e-8979-82b08752a647">1980년대부터는 창업주 세대가 고령에 접어들면서 </span><span style="background-color:#fbeeb8;" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-5c6796c8-a412-4d52-977c-5143a1057252">기업의 안정적인 운영과 가업 승계를 위해 자녀에게 경영권을 물려주기 시작</span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-b7e9cd2f-d90f-4ba2-a809-25bbad64c6a7">했는데요. 대표적으로, 삼성의 이병철 회장은 1987년에 아들 이건희 회장에게 경영권을 승계했고, LG의 구인회 창업주는 이미 1970년대 후반부터 아들인 구자경에게 경영권을 물려주기 시작했습니다. 현대의 경우 정주영 창업주가 1980년대 후반에서 1990년대 초반에 걸쳐 장남인 정몽구와 다른 자녀들에게 주요 계열사의 경영을 맡기면서 승계를 준비했죠.</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-b905be50-0f95-42c1-804c-f9996fbd4e31"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-4c05648f-afc2-4e55-9404-aa9889dc6aa2"></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-50460d39-8fb4-4986-b342-8b0e4a1e3094"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-29706401-b340-4e05-8595-929b23b4f493">한국 재벌들은 초기에 기업을 빠르게 성장시키기 위해 창업주가 절대적인 리더십을 행사했습니다. 창업주들은 기업이 성장함에 따라 외부 환경 변화나 경제 위기에서도 경영권을 안정적으로 유지하기 위해 가족 구성원에게 경영권을 승계하는 방식을 선호했는데요. 이를 통해 경영 철학과 비전을 가족 내에서 지속할 수 있었고, 장기적으로 기업을 운영하는 데 유리한 점이 있었죠. 이러한 세습은 외부 주주가 경영권에 개입하지 못하게 하면서, 재벌 일가의 경영권을 공고히 하는 역할을 했습니다.</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-73ecace7-23a6-4cbb-b8d5-3fc99a3c3cd5"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-dea6b6e7-f3e1-4755-be86-93f69d987564"> </span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-13b882fd-e979-4776-b9f4-7fee070aa726"><span style="" class="se-fs-fs16 se-ff-system " id="SE-36d0f000-64ec-4a41-8931-af579f4e8448"><b>🚨 외환위기와 지주회사 체제로의 변화</b></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-cc7d892b-60bc-4ecd-8aa5-e976107aded2"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-638bb029-2ac0-47a7-8eee-6ad0b5d03579">1997년 외환위기는 한국 재벌 구조에 큰 변화를 가져왔습니다. 당시 재벌들은 과도한 차입 경영과 복잡한 순환출자 구조로 인해 재무 위기에 직면했고, 대우그룹을 포함한 여러 기업이 도산했는데요. </span><span style="background-color:#fbeeb8;" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-fb661667-ae1e-4eac-9014-e8191ba8edef">정부는 국제통화기금(IMF)의 권고에 따라 기업 지배구조 개혁을 시작했고, 재벌들은 지배구조 투명화를 위해 지주회사 체제로 전환</span><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-02d05fa6-c23b-4248-9ef8-f137c0fb5162">하기 시작했습니다. </span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-38ffbab3-925b-4fbe-acd2-2894ba66304b"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-e1beced6-0104-446b-b9b3-7cd119238410"></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-b394ca60-d73a-4975-99a6-b2f82703248d"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-d131cb92-9b27-4ae0-9e2f-e289b5fc28f6">지주회사 체제는 복잡한 순환출자를 줄이고, 그룹 내 각 계열사의 독립성을 강화해 경영의 투명성을 높이는 데 초점을 맞췄는데요. 이 전환을 통해 재벌은 기존의 복잡한 출자 구조 대신, 지주회사가 각 계열사를 소유하는 구조로 단순화하게 됐습니다.</span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-afd21094-4065-44ba-84f3-1bc7e45f1348"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-323b089b-8a73-42b1-9d7a-ef8db99c036d"></span></p><p class="se-text-paragraph se-text-paragraph-align-justify " style="" id="SE-9d04c305-0e08-4766-9b07-1093786afc57"><span style="" class="se-fs-fs16 se-ff-system se-weight-unset " id="SE-4a428494-2884-4c50-9162-931e388df3c8">삼성은 이 과정에서 지배구조 개혁을 위해 지주회사를 도입하고, 삼성전자와 같은 핵심 계열사를 중심으로 경영 체제를 강화했습니다. LG 역시 지주회사 체제를 통해 복잡한 지배구조를 단순화하고, 주요 계열사의 독립적 경영을 장려했죠.</span></p> </div> </div> </div> </div> </div> </div> <div class="viewer_bottom_section"> <div class="viewer_paywall"> <div class="viewer_paywall_text"> <strong class="viewer_paywall_title">프리미엄 구독자 전용 콘텐츠입니다.</strong> <p class="viewer_paywall_desc">BYTE+ 구독으로 더 많은 콘텐츠를 만나보세요!</p> </div> <div class="viewer_paywall_subscribe _PAYWALL_BUTTON" data-is-ticket="true" data-is-product="" data-price="9,900" data-url="/byteplus/byte/subscriptions?rContentId=241104010831276ua" data-cp-name="byteplus" data-sub-id="byte" data-content-id="241104010831276ua" data-ba-scene-id="content" data-ba-classifier="paywall" data-ba-params='{"cp_id":"byteplus","channel_id":"byte","contents_id":"241104010831276ua","purchase_type":"ticket"}'> <a href="/byteplus/byte/subscriptions?rContentId=241104010831276ua" class="viewer_paywall_subscribe_inner" data-clk="chlh_cont.subspay" data-cp-name="byteplus" data-sub-id="byte"> <span class="viewer_paywall_subscribe_title">프리미엄 구독</span> <div class="viewer_paywall_subscribe_price_wrap"> <span class="viewer_paywall_subscribe_price"> <em>9,900</em> <span class="viewer_paywall_subscribe_price_text">원/월</span> </span> </div> </a> </div> <div class="viewer_paywall_subscribe _PAYWALL_BUTTON as_single" data-is-ticket="" data-is-product="true" data-price="1,000" data-url="/byteplus/byte/products/241104010831276ua" data-cp-name="byteplus" data-sub-id="byte" data-content-id="241104010831276ua" data-ba-scene-id="content" data-ba-classifier="paywall" data-ba-params='{"cp_id":"byteplus","channel_id":"byte","contents_id":"241104010831276ua","purchase_type":"single_product"}'> <a href="/byteplus/byte/products/241104010831276ua" class="viewer_paywall_subscribe_inner" data-clk="chlh_cont.singlepay" data-cp-name="byteplus" data-sub-id="byte"> <span class="viewer_paywall_subscribe_title">콘텐츠만 결제하기</span> <div class="viewer_paywall_subscribe_price_wrap"> <span class="viewer_paywall_subscribe_price"> <em>1,000</em> <span class="viewer_paywall_subscribe_price_text">원/7일</span> </span> </div> </a> </div> </div> <div class="viewer_bottom_author"> <ul class="viewer_bottom_author_list"> <li class="viewer_bottom_author_item"> <div class="viewer_bottom_author_inside"> <a href="/byteplus/byte/authors/188ab0afe3fuml" class="viewer_bottom_author_link" data-clk="chlh_cont.writer"> <div class="viewer_bottom_author_thumb"> <img data-src="https://scs-phinf.pstatic.net/MjAyNDA0MDhfMjU2/MDAxNzEyNTY0MDQ3ODk0.Rrch6zhe6lVc-yV9KGsCKJgLF-_WDu4tkZRfsKJ5iAUg.99IDrSYz0s-rdvzD2MNwh5TOE2lSf-Qe5HRqtrDfoYUg.PNG/image%7Cpremium%7Cauthor%7Cbyteplus_byte%7C2024%7C04%7C08%7C1712564047871.png?type=nfs200_200" class="_LAZY_LOADING" alt="" width="32" height="32" onerror="this.outerHTML='<span class="no_image"></span>'"> </div> <strong class="viewer_bottom_author_name"> <span class="viewer_bottom_author_name_text">🐶 JAY</span> </strong> <p class="viewer_bottom_author_desc"> Byte 콘텐츠 총괄입니다. </p> </a> </div> </li> </ul> </div> <div class="viewer_bottom_info"> <div class="viewer_tag"> <ul class="viewer_tag_list"> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EC%9E%AC%EB%B2%8C" class="viewer_tag_link" data-clk="chlh_cont.tag">#재벌</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EC%9E%AC%EB%B2%8C%EC%A4%91%EC%8B%AC%EC%A7%80%EB%B0%B0%EA%B5%AC%EC%A1%B0" class="viewer_tag_link" data-clk="chlh_cont.tag">#재벌중심지배구조</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EA%B8%B0%EC%97%85%EA%B2%BD%EC%98%81" class="viewer_tag_link" data-clk="chlh_cont.tag">#기업경영</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EA%B2%BD%EC%98%81" class="viewer_tag_link" data-clk="chlh_cont.tag">#경영</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%ED%95%9C%EA%B5%AD%EC%9E%AC%EB%B2%8C" class="viewer_tag_link" data-clk="chlh_cont.tag">#한국재벌</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EA%B2%BD%EC%98%81%EA%B6%8C%EC%8A%B9%EA%B3%84" class="viewer_tag_link" data-clk="chlh_cont.tag">#경영권승계</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EC%A7%80%EC%A3%BC%ED%9A%8C%EC%82%AC" class="viewer_tag_link" data-clk="chlh_cont.tag">#지주회사</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EC%A7%80%EC%A3%BC%ED%9A%8C%EC%82%AC%EC%B2%B4%EC%A0%9C" class="viewer_tag_link" data-clk="chlh_cont.tag">#지주회사체제</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EC%88%9C%ED%99%98%EC%B6%9C%EC%9E%90" class="viewer_tag_link" data-clk="chlh_cont.tag">#순환출자</a> </li> <li class="viewer_tag_item"> <a href="/byteplus/byte/contents?tag=%EC%83%81%ED%98%B8%EC%B6%9C%EC%9E%90" class="viewer_tag_link" data-clk="chlh_cont.tag">#상호출자</a> </li> <li class="viewer_tag_item"> <a 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data-ba-params='{"cp_id":"byteplus","channel_id":"byte","contents_id":"241104010831276ua","category_id":"001000"}'> <strong>BYTE+</strong> <div class="bottom_layer_desc"> 이 채널의 콘텐츠가 마음에 드셨나요?<br> 채널을 구독하고 창작자의 콘텐츠를 응원해 주세요! </div> </a> <div class="bottom_layer_info_wrap"> <p class="bottom_layer_read _SUBSCRIPTION_PROMOTION_LAYER_PRICE"></p> <p class="bottom_layer_free"> <em>경제/비즈니스</em> 평균 주<em>16</em>회 신규 업데이트 </p> </div> <button id="_SUBSCRIPTION_PROMOTION_LAYER_CLOSE" type="button" class="bottom_layer_close _CLOSE" data-target="_SUBSCRIPTION_PROMOTION_LAYER" data-clk="chlh_cont.splclose"><span class="blind">닫기</span></button> </div> </div> <script> window.__htExternalUrl = window.__htExternalUrl || {}; window.__htExternalUrl["comment"] = "https://ssl.pstatic.net/static.cbox/js/cbox.core.js"; window.__htCboxOption = 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= isLogin; window.__htCboxOption["bMobile"] = false; window.__htCboxOption["vViewAllHandler"] = function() { // 댓글보기 링크 window.location.href = "/byteplus/byte/comment/241104010831276ua"; }; </script> <div class="comment_u_cbox_wrap"> <div id="cbox_module" class="_COMMENT _COMMENT_HIDE" data-write-auth="PURCHASER" data-user-activity-restricted="false"></div> </div> <div class="viewer_more_content_wrap is_hidden _TEMPLATE" data-template-id="SCS_PREMIUM_CONTENT_NEXT_PROMOTION" data-grid-template-column-aside="true"> <div class="viewer_more_content_title"> <h3 class="viewer_more_content_title_h"> <a href="/byteplus/byte/contents?type=promotion" class="viewer_more_content_title_link" data-clk="chlh_cont.fcontmore">무료 콘텐츠 모아보기</a> </h3> </div> <ul class="viewer_more_list"> <li class="viewer_more_item"> <a href="/byteplus/byte/contents/241129011259646to" class="viewer_more_link" data-clk="chlh_cont.fcont" data-score="" data-recommended-type="" data-ba-classifier="suggested_premium" 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