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scandal

August 13, 2013

The affairs and scandals of a family that brought the world Band-Aids and antiseptic through its family business empire have been laid bare in a new unauthorised biography.

The affairs and scandals of a family that brought the world Band-Aids and antiseptic through its family business empire have been laid bare in a new unauthorised biography.

April 22, 2008

Less than a week after he was indicted for tax evasion, Lee Kun-hee has fallen on his sword after 20 years at the top.

Less than a week after he was indicted for tax evasion, Lee Kun-hee has fallen on his sword after 20 years at the top. In a nationally televised press conference, the second-generation Samsung chairman apologised for his wrongdoing and for the negative impact the probe could have on South Korea.

“I have decided to step down as chairman of the group,” he announced at the company’s headquarters in Seoul. “I will take all legal and moral responsibility and truly apologise to the nation.”

March 1, 2008

In February, the world watched as one of the biggest offshore financial centres was investigated for fraud. Simon Hildrey analyses how this investigation came to happen and what the future holds for wealthy families who want to keep their assets secret and safe

In February, the world watched as one of the biggest offshore financial centres was investigated for fraud. Simon Hildrey analyses how this investigation came to happen and what the future holds for wealthy families who want to keep their assets secret and safe

November 1, 2004

Theresa Flynt is no successor waiting in her father’s shadow. The daughter of controversial publisher Larry tells Melanie Stern how her Hustler-branded retail spin-off is bolstering LFP’s bottom line, as it arrives in Europe

Melanie Stern is section editor of Families in Business magazine.

Theresa Flynt is no successor waiting in her father's shadow. The daughter of controversial publisher Larry tells Melanie Stern how her Hustler-branded retail spin-off is bolstering LFP's bottom line, as it arrives in Europe

July 1, 2004

A spate of international financial scandals has forced governments to crack down on corporations, bringing corporate governance to the fore. But are the recommended steps to improve corporate behaviour fully applicable to family firms?

Hywel Lewis is a freelance financial journalist specialising in family business.

A spate of international financial scandals has forced governments to crack down on corporations, bringing corporate governance to the fore. But are the recommended steps to improve corporate behaviour fully applicable to family firms?

January 1, 2004

Recent events around corporate scandal present new challenges for family controlled public companies and their shareholders. Among the challenges is the diversification of the composition of boards, but just how far should reforms go?

Daisy Medici is Managing Director of Genus Resources, a US-based firm that provides consultation to family controlled enterprises across the US and internationally.

Recent events around corporate scandal present new challenges for family controlled public companies and their shareholders. Among the challenges is the diversification of the composition of boards, but just how far should reforms go?

September 1, 2003

By the time Families In Business readers receive this issue of the magazine, second generation family owner of Korea’s SK Global, Chey Tae Won, will be four months through a three-year jail term he received in June for serious accounting fraud.

Bad dynasties
By the time Families In Business readers receive this issue of the magazine, second generation family owner of Korea's SK Global, Chey Tae Won, will be four months through a three-year jail term he received in June for serious accounting fraud. His actions prompted a new probe by Korea's Fair Trade Commission (FTC) into the country's top six "chaebol", family-owned dynasties, including LG Group and Samsung.

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