Posted inEuropean Union, Northeast Asia, South Asia, South Korea, World

Hyundai Motor Group faces govt calls to address governance risk

South Korea’s new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of shareholders. Kim Sang-jo, appointed to head the Korea Fair Trade Commission by President Moon Jae-in, told […]