Samsung Signs 317 Stock Payment Agreements… Highest Among Corporate Groups with Controlling Shareholders
4 Articles
4 Articles
It was reported on the 3rd that cases of large corporate groups compensating heads and executives with stocks instead of cash have increased. On that day, the Fair Trade Commission analyzed 89 corporate groups with assets exceeding 5 trillion won and a head, revealing that 15 groups entered into 585 stock payment agreements targeting heads, relatives, and executives. A stock payment agreement is a promise to provide stock upon achieving a compan…
(Sejong=Yonhap News) Reporter Kim Soo-hyun = Agreements within large corporate groups to provide shares to heads, relatives, or executives for purposes such as performance compensation increased by 66% this year compared to last year...
It has been revealed that stock grant agreements by domestic large corporate groups for purposes such as performance compensation to heads (controlling persons), relatives, or executives increased by 66% over the past year. In particular, Samsung newly entered into 317 agreements, accounting for more than half of the total number of such agreements. On the 3rd, the Fair Trade Commission [announced] ‘202
It was found that the number of stock payment agreements entered into by large corporate groups targeting heads and executives who are relatives increased by more than 60% in one year.
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