Korea Inc. rushes governance changes as shareholder meetings begin

South Korea’s shareholder meeting season starts this week, with major conglomerates such as Samsung Electronics and Hyundai Motor Group convening annual general meetings that will focus on governance changes and corporate strategies. This year’s meetings are drawing heightened attention, with business groups rushing to amend bylaws and bolster management control before revisions to the Commercial Act take effect in the second half of the year. As major conglomerates view upcoming meetings as a f

By The Korea Herald