Top Groups Prefer Retired Officials as Outside Directors: Data

SEOUL, Mar. 12 (Korea Bizwire) — South Korea’s key business groups still prefer retired government officials as outside directors despite alleged bribery involving former President Park Geun-hye and some conglomerates, data showed Monday. A total of 46 former government officials were appointed by the listed units of the top 10 family-controlled conglomerates this year, or [...]