김상조 "기업 지배구조 평가 때 위법행위 주시"<br /><br /> Korea's corporate regulator, the Fair Trade Commission, is going to be closely watching companies making changes to their corporate structure... in order to benefit smaller shareholders.<br />That's what the head of the FTC, Kim Sang-jo, said today after Hyundai Motor Group canceled a shareholder meeting because of opposition to a plan to strengthen the transfer of control over the company from father to son.<br /> Those opposed to it included some institutional investors and the world's largest activist fund Elliot Management.<br />They say it would only help the succession plan and not benefit minority shareholders.<br />Speaking before a parliamentary committee, the FTC chairman said he is pushing for a government-wide effort to level the playing field in a changing financial market. <br />
