Former executive Park Chul-wan’s efforts, alongside those of an activist fund, to sway the company’s strategic direction have met with minimal support, illustrating the challenging dynamics at play within corporate governance and shareholder rights in South Korea’s petrochemical sector. This struggle for control, set against the backdrop of a family dispute over the leadership of … 더 읽기
The Korean work ethic, often described as ‘unstoppable’, is a fascinating blend of cultural, historical, and socio-economic factors. This deep dive into the Korean work ethic will unravel the intricacies behind this phenomenon, examining its roots, its manifestations in modern Korean society, and its implications for the global workplace. Confucian Influence: The work ethic in … 더 읽기
Origins and Outbreak: The Korean War began on June 25, 1950, when North Korean forces, backed by the Soviet Union and China, invaded South Korea. This action was rooted in the larger context of Cold War tensions between the communist and capitalist blocs. International Involvement: The United Nations, led by the United States, intervened on … 더 읽기
