Tuesday, February 21, 2017

Yongmaan Park President "amendments to the Commercial Code, gyogaksalwoo concern" about on



[Korea gimeunji financial newspaper reporter] Yongmaan Park Chamber of Commerce president for 20 days revealed the concerns pyohamyeo called 'gyogaksalwoo' being developed by the National Assembly for amendments to the Commercial Code in the open yuilho Deputy Prime Minister invited CEO Breakfast meetings.

20 explained that the National Assembly has initiated a bill 590 now 407 dogs of legislation, and this legislation may ruin a company liable to be passed at a time when shrinking business activities.

Night President said order "regulatory legislation when swept rideut is once passed through the tsunami honest businessmen are worried about how can adapt to these regulations," he means "dont think about the ramifications and responsibilities" for the political regulation strengthening movements .

On the earlier of 8 to 9 was delivered the opinion of the business community about the amendments to the Commercial Code politicians.

Said that the concern might fall into the 'Death tables' state even if limited management autonomy to the weary now a global competition through a report of patients receiving surgery liable to death on the containing' economic world opinion on amendments to the Commercial Code, the KCCI. Corporate Governance is a need for sympathy choose one methodology that should be cautious stance.

It operates some companies are on for listed companies, as a private company, or accounting fraud and expedient inheritance, corporate opportunities useful such case occurs, and that is a phrase you should be overcome economic world as the contemporary practices of corporate governance improvement of the legislative intent has in It announced empathy.

However, the Commercial Code amendment of the Audit Committee separation elected, cumulative voting compulsory, 6, and workers' representatives, etc. Recommended by outside directors obligation elected, multi-representative litigation introduction of electronic voting mandatory treasury stock disposal regulations resurrection items are problems, such as to undermine the basic principles of a market economy What a lot of sense as an effective way to maintain that a more prudent worry about whether needed.

Chairman Park in addition to urge for speed control day company regulations "support legislation such as economy passes bill to hope there is not passed soon," he urged.

In addition, for the redemption of Samsung Electronics Vice President Lee Jae-yong "I hope the independent counsel investigation finished as soon as it hits Roasting how fellow entrepreneurs," he said.

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