Professor of Economics
Sang-Jo has played a key role in building consensus for economic reform following South Korea’s financial crisis in the late 1990s. He is a professor of economics at Hansung University and chairs ‘Solidarity for Economic Reform’ (SER), a civil organization dedicated to enhancing the corporate governance system through minority shareholder campaigning. Under his leadership, the group won several landmark lawsuits including the one against the directors of Samsung Electronics and Hyundai Motors. The cases have become the cornerstone for more clearly defining the fiduciary duties of corporate directors in Korea. Sang-Jo has also been instrumental in improving laws and institutions related to corporate governance, such as the passage of the Securities Class Action Act and the amendment of the Corporate Law prohibiting the usurpation of corporate opportunities.