The article on Kompas daily, Friday, September 7th, 2007 interested me to write this essay of analysis on how the local authorities, in this case South Korean high court has pushed to make decision that driven by national economy interest.
“Hyundai chief given suspended sentence. Hyundai Motor Group chairman Chung Mong-koo was on Thursday, Sept 6, 2007 handed a 3-year suspended sentence by a South Korean appeals court, freeing him to continue running the world's sixth largest auto maker. 1)
“The decision to suspend the sentence for 5 years eliminates concerns over a management vacuum at the company, which is facing a slowdown in overseas sales and increasing competition. Although it suspended the 3-year jail term given in February by the Seoul Central District Court, the high court upheld the lower court's conviction of the chairman for breach of trust, embezzlement of company money and setting up slush funds 2). Investors had been concerned that uncertainties over Chung's......

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Title: Hyundai Motor Group Chairman Chung Mong-Koo Was Suspended
Approximate Word Count: 3505
Approximate Pages: 15 (250 words per double-spaced page)

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