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April 19, 2024

HHI, Mirae Asset rank lowest in owner family on BOD

PUBLISHED : December 22, 2016 - 17:09

UPDATED : December 22, 2016 - 17:28

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[THE INVESTOR] Hyundai Heavy Industries Group, Mirae Asset Financial Group, Hanwha Group and Shinsegae Group have shown the least effort in responsible management by members of their founding families, the Fair Trade Commission said on Dec. 22.

According to the report, none of HHI Group and Mirae Asset Financial Group companies had a member of the founding family registered as a member of the board. The ratio of Samsung Group, Hanwha Group and Shinsegae Group companies with a member of the founding families on the board came to 1.7 percent, 1.8 percent and 3.1 percent. 




Since the figures were compiled, however, Samsung Electronics Vice Chairman Lee Jae-yong has been included on the company’s board.

At the other end of the scale, 83.3 percent of Booyoung Group companies had members of the founding family on their boards, while the figure for affiliates of OCI came to 50 percent.

The average for businesses categorized as large conglomerates came to 17.8 percent, down 0.6 percentage points from a year ago. The number of conglomerates in the category stands at 26, with a total of 1,028 companies.

By Choi He-suk (cheesuk@heraldcorp.com)

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