Experts say SK is the group that needs reorganization, while Hyundai Motor is the company with the best management - South Korea

In a survey of credit evaluation experts conducted by the news site E Daily, SK was ranked first with 33.1% of respondents as the group most in need of organizational restructuring.
The survey was conducted by 183 people involved in the bond market, with multiple choice options available. The group companies surveyed were Samsung, SK, Hyundai Motor, and LG.
, Posco, Lotte, Hanwha, HD Hyundai, GS, Shinsegae, CJ, and Hyosung. SK said that the increase in borrowings due to investments in next-generation technologies, including secondary batteries, influenced its response.
The group's borrowings, which were around 7 trillion won (US$7.7 billion) in 2020, are expected to balloon to 11.1645 trillion won (US$11.2292 billion) in the first half of 2024.
Next to SK Group, Lotte was ranked as needing restructuring with 30.8%. Both Lotte Chemical and Lotte Shopping are in the doldrums, which is affecting the entire group.
Among the 12 groups, 23.4% rated the Group's organizational restructuring and management strategy as inappropriate. Other groups that were deemed in need of organizational restructuring included Hyosung (10.6%), CJ Holdings (10.6%),
(5.3%), followed by Hanwha (2.4%). Meanwhile, Hyundai Motor Group (37.4%) was judged to have excellent management. Its organizational restructuring and management strategy were judged to be rational.
Other groups included SK (11.8%), Samsung and HD Hyundai (both 11.5%).