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Rise in Unregistered Chaebol Executives Sparks Governance Concerns, FTC Warns

Rise in Unregistered Chaebol Executives Sparks Governance Concerns, FTC Warns

SEJONG, Nov. 19 (Korea Bizwire) – The number of family members serving as unregistered executives at family-run conglomerates, or chaebol, has increased, raising concerns about a growing gap between authority and accountability, the antitrust regulator said Wednesday. Since 2010, the Fair Trade Commission (FTC) has reviewed and released annual reports on the ownership and governance [...]