"The stronger regulations on large business groups, the lower the market capitalization growth rate."

According to the Fair Trade Act, the stronger the group regulation of large companies, the lower the market capitalization growth rate of those companies.

Dongkuk University economics professor Jin In-yeop said in a seminar hosted by the Korea Business Association and the Korea Broadcasting Association that the analysis of the regulatory index and market capitalization growth rate showed significant figures.Professor

said this is an empirical basis for the negative effects of corporate regulation at the macro level, and stressed the need to review the policy of designating business groups from a long-term perspective.

However, the analysis said that a number of researchers' arbitrary interpretations were involved in the process of building the regulatory index, adding that it needs to be supplemented by securing additional data.

At the seminar, some pointed out the unfairness of the Broadcasting Act and Media Leap Act, and Lee Seong-yeop, a professor at Korea University's Graduate School of Technology and Management, pointed out that under the Broadcasting Act, the standard of large corporations remains at 10 trillion won in assets, lagging behind the reality, and that it needs to be raised to 30 trillion won or linked to GDP.