SEOUL, Mar. 28 (Korea Bizwire) — Kumho-Asiana Group said Thursday its chairman will resign from key managerial posts, holding himself responsible for the recent controversy over an audit report for Asiana Airlines Inc. Park Sam-koo will step down as group chairman and CEO of flagship Asiana Airlines and Kumho Industrial Co., the group’s holding company. [...]
SEOUL, Feb. 7 (Korea Bizwire) – Faculty at the elite Seoul National University business school have created a new class teaching corporate ethics that will be a core requirement for students going forward. Starting this spring term, the class, titled “Corporate Philosophy and Ethics” will be mandatory for business management students in their freshman year. [...]
SEOUL, Nov. 20 (Korea Bizwire) – Park Sam-koo, chairperson of Kumho Asiana Group, disclosed his plan to expand the group’s market share in Vietnam. To date, the group has invested approximately US$500 million in the South Asian country, focusing on airlines, construction, and tire production, and it is prepared to pay more to increase its [...]