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Opinion

New generation of chaebol chiefs can lead way on governance

Samsung's J.Y. Lee and peers recognize need to please small shareholders

| South Korea
Lee Jae-yong in Pyeongtaek on May 20: His influence could see a significant metamorphosis.     © Reuters

Peter S. Kim is an investment strategist in Seoul. The views expressed here are his own.

For decades, South Korean companies have scored poorly on corporate governance due to complex shareholding structures and cumbersome legal hurdles that restrain the influence of general shareholders.

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