Business Roundtable


Up until 1997, Korea’s economic miracle was kept on track by a cozy relationship between big business and government; a relationship that brushed aside notions of good corporate governance. The IMF crisis and its aftermath revealed the dire need for transparency and regulation. Since then, major changes have been made in Korea’s corporate culture and Hasung Jang has been at the forefront of them. He will address his work at the Korean Corporate Governance Fund, recent changes in Korean corporate governance and competitiveness pressures in the Korean economy.

Wednesday, February 7, 2007

About the Speaker

Hasung Jang is the dean of Korea University Business School and a professor of finance at the Asian Institute of Corporate Governance, where he also serves as executive director. He has been a leading figure in minority shareholder rights activist groups in Korea since 1996. His activism, advanced through shareholder suits against banks and large corporations, has produced landmark corporate governance improvements in Korea. Jang received his Ph.D. in finance from the Wharton School at the University of Pennsylvania in 1987, and has taught at the Wharton School and University of Houston. His academic work has been published in Journal of Finance, Journal of Financial Markets, Journal of Corporate Finance, and Financial Analyst’s Journal. He received the Graham & Dodd Award from the Financial Analyst Journal in 1996 and the Granite Teaching Award from Korea University in 2004 and 2005.