Chang Sea-jin

Founders of conglomerates are considered myths, sacred. They have legitimacy, because they built the conglomerates from nothing, but second-generation and third-generation leaders do not have such legitimacy. They are simply born with 'golden spoons' in their mouths.

There are signs that Samsung is trying to change and the company is acknowledging its failures, the company is moving in the right direction, but there is a high probability this is too little, too late.

There are signs that Samsung Group is trying to change and the company is acknowledging its failures, the company is moving in the right direction, but there is a high probability this is too little, too late.

Adopting something like dual-class shares would be basically adding a measure that favours the families on top of what is already a favourable system for them.