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Hyundai Motor Group chairman Chung Mong-koo was suspended
Essay specific features
Written by:
Ida H
Date added:
June 15, 2014
Level:
University
Grade:
A
No of pages / words:
13 / 3523
Was viewed:
7836 times
Rating of current essay:
Essay content:
Although it suspended the 3-year jail term given in February by the Seoul Central District Court, the high court upheld the lower court's conviction of the chairman for breach of trust, embezzlement of company money and setting up slush funds 2). Investors had been concerned that uncertainties over Chung's legal battle could hamper Hyundai's expansion plans at home and abroad, even though brisk domestic sales and a smooth conclusion to this year's wage talks are brightening the outlook somewhat...
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Investors had been concerned that uncertainties over Chung's legal battle could hamper Hyundai's expansion plans at home and abroad, even though brisk domestic sales and a smooth conclusion to this year's wage talks are brightening the outlook somewhat. Hyundai Motor Group alone accounts for about 7 percent of South Korea's total exports, which help the economy remain on a growth track, and Chung is heavily involved in most decisions at the group...
displayed 300 characters
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