Wall Street Journal (July 20)
2015/ 07/ 20 by jd in Global News
“The Lee family that controls the Samsung conglomerate won its showdown with minority shareholders on Friday, but the vote still represents a watershed for corporate governance in the world’s 14th-largest economy. Though Samsung won, the bell is tolling for South Korea’s chaebol system of corporate control.” The shareholder fight marked “a step forward for corporate reform in Asia” where “a new shareholder class has been mobilized.”
Tags: Asia, Chaebol, Conglomerate, Corporate governance, Lee, Minority shareholders, Samsung, South Korea, Watershed
