The accounting scandal at Samsung BioLogics is expected to affect the group’s plans for separation of finance and commerce and father-to-son managerial control transfer.For the Samsung Group, the separation of its financial and non-financial business is an urgent task as the government is pushing fo
Korea Fair Trade Commission chief Kim Sang-jo again urged Samsung Group vice chairman Lee Jae-yong to make a decision regarding Samsung Life Insurance's stake in Samsung Electronics.At a meeting of top CEOs on May 10, Kim said, “Samsung’s current governance structure based on Samsung Life Insura
Samsung Group is expected to accelerate corporate governance reform as its vice chairman Lee Jae-yong has officially been designated as the head of the group by the Korea Fair Trade Commission (KFTC).The designation followed the recent move by the Financial Services Commission (FSC) to put pressure