Kim Hyun Joong

cleared the cobwebs out of her brain. “That’s okay, will hang out and swim until you get back. It’s important Soeky.” “Fine, whatever.” Worried she sat mute as the seconds ticked by should she ask about Val, if she spilled the beans about her and Hyun Joong?” Suni, did Val say anything last night?” “She mumbled all the way to her house, couldn’t make out what she was saying, why?” “No reason . . . later.” Hanging up she dropped

CASE: SAMSUNG ELECTRONIC CORPORATION: GOVERNANCE OF CHAEBOLS Copyright: Prof. Florencio Lopez-de-Silanes Professor Florencio Lopez-de-Silanes and Rakhi Kumar, Yale MBA02 prepared this case as the basis for class discussion rather than to illustrate the effective or ineffective governance of an organization. Prof. Florencio Lopez-de-Silanes INTRODUCTION Case: Samsung Electronics Prior to the Asian currency crises, South Korea was an investment destination for several institutional

Appendix 1: The organization of Samsung Electronics Co. Ltd Samsung Group & Samsung Electronics Co., Ltd. The Group upholds a belief in shared responsibility – to our people, our planet and our society. It is guided by a simple philosophy, strong values and high ethical standards that inform our work every day. In everything we do, it strives to help people live better lives. Value of People Quite simply, a company is its people. At Samsung, we’re dedicated to giving our people a wealth of opportunities

CASE: SAMSUNG ELECTRONIC CORPORATION: GOVERNANCE OF CHAEBOLS Copyright: Prof. Florencio Lopez-de-Silanes Professor Florencio Lopez-de-Silanes and Rakhi Kumar, Yale MBA02 prepared this case as the basis for class discussion rather than to illustrate the effective or ineffective governance of an organization. Prof. Florencio Lopez-de-Silanes INTRODUCTION Case: Samsung Electronics Prior to the Asian currency crises, South Korea was an investment destination for several institutional investors

committee who are in charge of Samsung producing eco-friendly products. This is followed by its various divisions. Samsung has headquarters in North America, Asia, Europe, Latin America and Africa. Top Leadership 17Image 1: Samsung’s CEO 11 Dr. Oh-Hyun Kwon, Vice Chairman & CEO Samsung Electronics Co., Ltd. He was officially appointed Chief Executive Officer of Samsung Electronics Co. by the company's Board of Directors on June of 2012. Since Dr. Kwon joined Samsung Electronics' Semiconductor Business

“Korea had become trendy because it provided what the youth wanted throughout the region. The phenomenon can be partially explained by noting how Korean popular culture catapulted forward during the 1990s, leaving much of Asia behind as it abandoned conservatism and censorship, diversifying, appropriating, absorbing and innovating. In its fusions, it created an Asian equivalent of European and American pop. Japanese pop, of course, had long had this function throughout the region, but the 1990s was

1. Introduction 1.1. Background The Samsung Group was founded by Byung-Chull Lee in 1938, in Taegu, Korea, as an exporter of dried fish, vegetables and fruits. Byung later established flour mills under the name Samsung, which means three stars in Korean language. He also produced confectionery machines in this period. In 1951, Samsung Moolsan, a holding company, was established which later The building of Samsung Sanghoe in Daegu in 1930s became Samsung Corp. in 1953, Cheil Sugar Manufacturing Co