[Interview] "Foreigners Hesitant to Take Positions in Korea... Law Treating CEOs as 'Potential Criminals' is Extreme"[BIZ360]
On April 8th, Martin Henkelmann, the representative of the Korea-Germany Chamber of Commerce and Industry, revealed in an interview with Herald Economy that foreign CEOs are deliberating over taking on roles as representatives in Korean companies. He criticized the "Serious Accident Penalty Act" for excessively imposing criminal responsibility on CEOs as representatives of their companies, irrespective of their intentions.