SEOUL, Jan. 21 (Korea Bizwire) — The Korea Corporate Governance Forum (KCGF) lauded Samsung Electronics for its decision to award executive performance bonuses in company stock, calling it “a significant step toward an advanced compensation model.” In a statement issued on January 20 by Chairman Lee Nam-woo, the forum noted that this marks an important [...]
SEOUL, July 20 (Korea Bizwire) — The value of Samsung Group shares owned by South Korea’s state pension fund jumped to 24.2 trillion won (US$21.2 billion) in the first half of the year, reaching a quarter of its total investment in the local stock market, data showed Wednesday. The National Pension Service (NPS), which manages [...]
SEOUL, Sept. 11 (Korea Bizwire) – Korea has been evaluated as making the lowest efforts to solve the problem of income inequality. It was also pointed out that structural corruption was severe, as those who had the upper hand were getting all the benefits that resulted from the protection of regulatory systems. The World Economic [...]