Are chaebol owners overpaid? Critics call for disclosure of detailed guidelines on executive compensation

Updated : 2014-04-13 18:39

Are chaebol owners overpaid?

Critics call for disclosure of detailed guidelines on executive compensation

According to a recent executive salary disclosure, SK Group Chairman Chey Tae-won (top left) received the largest paycheck, amounting to 30.1 billion won ($28.8 million). Following were Hyundai Motor Chairman Chung Mong-koo (top right) and Hanwha Group Chairman Kim Seung-youn (bottom left). Samsung Electronics Chairman Lee Kun-hee (bottom right) was excluded from the list because the regulation on disclosure exempts non-board members Read more of this post

ODM channel behind S. Korean manufacturer’ robust growth

ODM channel behind S. Korean manufacturer’ robust growth

2014.04.13 17:53:27

As early as a decade ago, South Korea’s apparel company Sae-A Trading produced its goods entirely through OEM (original equipment manufacturer) channel. The apparel company recorded 1.3 trillion won ($1.2 billion) sales last year, as high as the amount generated by a large company. The driving engine behind its robust performance is ODM (original design manufacturer) channel.  Read more of this post

China targets trust firms in shadow-bank crackdown: sources

China targets trust firms in shadow-bank crackdown: sources

2:20am EDT

By Hongmei Zhao

HONG KONG (Reuters) – China has issued stricter guidelines governing trust companies, two sources with direct knowledge of the rules told Reuters on Monday, in a bid to counter systemic risks posed by the biggest players in the country’s shadow-banking sector. Read more of this post

China’s local govt debt sparks fears of Lehman-style collapse

China’s local govt debt sparks fears of Lehman-style collapse

Staff Reporter

2014-04-13

China’s snowballing local government debt has investors concerned about a Lehman Brothers-style collapse triggering a new financial crisis, reports our Chinese-language sister paper Want Daily. Read more of this post

Chinese civil society: Beneath the glacier; In spite of a political clampdown, a flourishing civil society is taking hold

Chinese civil society: Beneath the glacier; In spite of a political clampdown, a flourishing civil society is taking hold

Apr 12th 2014 | BEIJING, CHENGDU AND GUANGZHOU | From the print edition

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How Jyothy Laboratories Silenced Sceptics; The homegrown consumer goods company has beaten the odds and transformed to turn around the Henkel India business

How Jyothy Laboratories Silenced Sceptics

by Samar Srivastava | Apr 14, 2014

The homegrown consumer goods company has beaten the odds and transformed to turn around the Henkel India business

Soon after homegrown Jyothy Laboratories acquired Henkel’s India business in May 2011, joint managing director Ullas Kamath went on a month-long road trip across the country. Kamath remembers that as being a lonely time, with only his driver for company. Just as well, though, as it was also a time for introspection and ideation.  Read more of this post

A Better Way to Finance That College Degree; A student-loan innovation protects graduates from overwhelming debt

A Better Way to Finance That College Degree

A student-loan innovation protects graduates from overwhelming debt.

MIGUEL PALACIOS And ANDREW P. KELLY

April 13, 2014 6:38 p.m. ET

If you thought mortgage-underwriting standards were lax right before the housing crisis, wait until you take a closer look at student loans. Borrowing for a house at least requires an appraisal of the property and an assessment of the borrower’s future capacity to pay. Student loans require neither. Instead, students and families are encouraged to invest in any program at any price. There is a better way, but it’s time to look beyond traditional student loans. Read more of this post

As Growth Slows in India, Rural Workers Have Fewer Incentives to Move to Cities

As Growth Slows in India, Rural Workers Have Fewer Incentives to Move to Cities

Few Manufacturing Jobs and High Inflation, Combined With Rural Programs, Stall India’s Urbanization

RAYMOND ZHONG and SAPTARISHI DUTTA

Updated April 13, 2014 10:43 p.m. ET

MORKAHI, India—As a teenager, Ram Singh left this remote rural village and moved to fast-growing New Delhi to chase the spoils of his country’s economic boom. Read more of this post