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Samsung's Scandal, South Korea's Shame

The country needs to transform the huge companies that dominate its economy.
Not one and the same.

Not one and the same.

Photographer: Jean Chung/Bloomberg

A decision to arrest a top executive of the Samsung Group on suspicion of bribery and embezzlement would no doubt cheer the millions of South Koreans fed up with collusion and cronyism among the country’s elite. The way to prevent future scandals, however, is to transform the huge companies like Samsung that dominate the country’s economy.

QuickTake Q&A: What’s Behind the Samsung Bribery Allegations?