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Samsung enhances transparency over financial donations

Jaclyn Jaeger | March 13, 2017

Amid an investigation over bribery claims involving some of its top executives, Samsung Electronics recently announced a series of measures it intends to take to bring greater transparency and accountability in managing financial donations and monetary support for corporate social responsibility (CSR)-related activities and funds.

The measures are aimed at strengthening the review and approval process for donations and payments to corporate social responsibility (CSR)-related projects. The company said it will also enhance the review of how these projects are being executed.

Board approval for donations over one billion won. All financial donations and CSR funding amounting to more than 1... To get the full story, subscribe now.