We now shift our focus to the key business and economic issues of the day with Dr. Kim
Byoung-joo, Head of KL&P Consulting and a longtime commentator here at Arirang TV.
Hello, Dr. Kim.
Hello.
This is something that's sure to get people talking: It looks like, starting next year,
Korea's top CEOs will disclose how much they actually get paid.
Is that correct?
Needless to say, I'm sure there is considerable opposition
to this idea among the CEOs themselves?
How is the practice carried out in other countries?
I mean, as for the pros.
it's quite obvious.
and one thing I can think of is that
it could give shareholders greater power.
What's your take on it?
I believe it was just last week.
that Switzerland passed a bill into law allowing the government to put
a cap on CEO pay.
Could we say that
is what Korean CEOs are ultimately afraid of?