Planned Corporate Law Revisions Could Curb Family Control at Korea’s Largest Conglomerates

SEOUL, Aug. 19 (Korea Bizwire) — South Korea’s biggest conglomerates could see their founding families lose significant sway over board oversight if a second round of corporate law revisions clears the National Assembly, according to a new analysis. Leaders Index, a corporate research firm, said Tuesday that under the proposed reforms, roughly 38 percent of [...]