► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />South Korea’s corporate model of tightly knit companies that act in concert under family control is under scrutiny after Hyundai’s $10bn purchase of a plot of land in Seoul’s Gangnam district. The FT’s Simon Mundy weighs the model’s pros and cons.<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes