Comments on: You beat just ONE guy with lead pipe and…

By: ecorn

ecorn — Fri, 14 Mar 2008 06:05:31 +0000

My office is in Hanwha’s headquarters building. Unlike last year when the chairman was in legal trouble, I’ve not heard any talk about this in the halls, elevators or bathrooms. Either people don’t know (unlikely) or they don’t want to talk about it. Given the chairman’s proclivity toward violence, I’d say that’s probably a smart move on their part.

By: Nerd

Nerd — Fri, 14 Mar 2008 05:16:49 +0000

Most foreign residents wouldn’t be able to name a single product Hanwha makes without thinking for a few seconds, and some of us have been in Korea for quite a long time. That should put things in perspective for them.

By: setnaffa

setnaffa — Thu, 13 Mar 2008 17:32:30 +0000

Oh… _That_ Hanwha.

“President Seung-yeon Kim and his second son, Dong Won Kim, a junior at Yale, are under police investigation for a retaliatory assault, battery and kidnapping charges. Dong Won Kim got into a scuffle with a group of bar employees. Dong Won Kim was pushed down the stairs by one of the bar employees, resulting in a cut above the eye when he fell. Allegedly Seung Yeon Kim and the security team of Hanwha abducted those who were involved in conflict with his son and took them to an undisclosed location. There, he and his men severely beat the bar workers with metal pipes and battered them continually with fists and kicks. The South Korean police are investigating this matter, but they are encountering much trouble in finding evidence of the crime due to lapsed time. Some of the victims refused to testify in fear of further retaliation by Seung Yeon Kim.

The legal representation for Seung Yeon Kim is the in-house council of Hanwha Corporation. Blurring the line between business and personal matter is common in Korea, as many Korean corporations are treated by the chaebol(chairmans of large companies, including Kim Seung Yeon) like a sole proprietorship. This incident tarnished the image of Hanwha as the conglomerate announced an aggressive corporate image makeover earlier in the year.

On July 1, 2007, Seung-yeon Kim was sentenced to 18 months in prison. He plans to appeal.”

Nevermind.

By: setnaffa

setnaffa — Thu, 13 Mar 2008 17:29:57 +0000

Hanwho?

By: seoulmilk

seoulmilk — Thu, 13 Mar 2008 16:18:50 +0000

I was reading this article yesterday and felt something missing, but couldn’t make the connection. Then as soon as I read the headline of this post, I realized what the connection I was trying to make. Funny post.

By: Mr Kim

Mr Kim — Thu, 13 Mar 2008 13:39:32 +0000

Agreed

By: dokdoforever

dokdoforever — Thu, 13 Mar 2008 13:02:35 +0000

Good, Hanwha’s rating is well earned.

By: Wedge

Wedge — Thu, 13 Mar 2008 09:27:38 +0000

Dram: Good one!

Well, given the vast disconnect between my thoughts and those of Koreans I’ve talked to about this I can see the incredulity on the part of the PR team, as the average Korean doesn’t care if the head of a chaebol is a crook — “they all are” — and there’s no distinction in attitudes toward white collar vs. violent crime (at least in this case).

By: mateomiguel

mateomiguel — Thu, 13 Mar 2008 08:54:38 +0000

In order to create the 26 industry lists, Hay asked executives, directors and analysts to rate firms in their own industry on nine criteria. So, the survey covers almost all management factors from investment value to social responsibility.

Scores are averaged to come up with industry rankings. A total of 345 companies in 26 industries and 25 countries were looked at this year, according to the magazine.

That sounds like they satisfied the basic requirements for a survey and then some.

By: Seth Gecko

Seth Gecko — Thu, 13 Mar 2008 08:36:11 +0000

“Boy, I would hate to be the editor of Fortune when Hanwha visits to “explain” their side.”

Lol! By the way, for some reason it sounds like something Ben from LOST would say