The Korea Herald : The Nation's No.1 English Newspaper: "An Outsider's Insight]Toward a true legacy for tycoons
How much is enough to pay off Korea's society for wrongdoings that were apparently never committed? This question must have vexed the chairmen of Samsung and Hyundai Motor over the last few weeks and months. In the end, they settled for a price tag of 800 billion won and 1 trillion won respectively.
The deals may help resolve these chaebol's legal worries, but the resulting PR has been anything but positive. Jang Ha-sung, the dean of Korea University Business School and Korea's leading shareholder activist, calls them an 'insult to the public.' The international media has mocked the chaebol's effort to improve their image. And Koreans' perception of the giant conglomerates has certainly not improved."
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