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BRAND NEW DAY:A RISING STAR IN CHINA: SHAREHOLDERS ATTACH

机译:崭新的一天:中国的一颗冉冉升起的新星:股东联谊会

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The resignation of Samsung's longtime leader following his April indictment on tax charges could signal a new era for South Korea's best-known global brand. In announcing the resignation of Lee Kun Hee, the group also disclosed that it would abolish its strategic planning office, which Lee had used to control Samsung's 59 operating companies. The change suggests a welcome decentralization of the sprawling conglomerate, regulators believe. "We expect Samsung will come up with more-improved corporate governance [and] improved transparency in management structure," says Jun Kwang Woo, chairman of the Financial Supervisory Commission, South Korea's market watchdog. Lee, 66, was indicted in April on charges of evading $112 million in taxes and for breach of trust in the sale of convertible bonds in Samsung Everland at less than market value in a bid to maintain family control over the group.
机译:三星在4月对税费提起公诉后辞职,可能标志着韩国最知名的全球品牌进入一个新时代。在宣布李坤熙辞职时,该集团还宣布将取消其战略规划办公室,李曾用该办公室控制三星的59家运营公司。监管机构认为,这一变化表明该庞大企业集团的权力下放。韩国市场监管机构金融监督委员会主席Jun Kwang Woo表示:“我们预计三星将改善公司治理水平,并提高管理结构的透明度。”今年66岁的李在今年4月被起诉,罪名是逃避1.12亿美元的税款,并违反了以低于市值的价格出售三星爱宝乐园可换股债券的信任,以维持对该家族的家族控制权。

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    《Institutional investor》 |2008年第4期|p.12-13|共2页
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