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Samsung's bewildering management structure and its political influence have been common features of Korea's family-run business conglomerates, called chaebols. Over the past decade, several of the sprawling business empires have come under fire from minority shareholders, foreign investors and government prosecutors for dubious practices, forcing many chaebols to become more transparent. The family that controls the LG group of companies set up a holding company to clarify their shareholdings. Samsung has improved its corporate governance by, for example, allowing more independent directors, but the presence of Lee remained a question mark over its progress. Some...

Author: /time Magazine | Title: Samsung's Chairman to Resign | 4/22/2008 | See Source »

...rival, Barack Obama, is much more dubious: "Now, if we're honest with ourselves, we know that some of the changes in our economy can't be reversed," Obama hours later told a crowd in Wilkes-Barre, Pennsylvania. "The swift and strong currents of globalization can't be stopped...

Author: /time Magazine | Title: A Debate on Jobs in Pennsylvania. Not | 4/3/2008 | See Source »

China's assertion that it doesn't interfere in other countries' internal affairs has always suited the country's leaders for two reasons: it allows China to do business in places with dubious human rights records such as Sudan and Zimbabwe; and it serves as a ready "mind your own business" rebuttal to critics of Beijing's own internal policies in places such as Tibet. But as China grows more powerful, its leaders are finding it increasingly difficult to walk this laissez-faire diplomatic line. Beijing has gone along with the deployment of United Nations peacekeepers to Sudan's troubled...

Author: /time Magazine | Title: China's Himalayan Reach | 3/19/2008 | See Source »

...their first shots signal seriousness of intent. I don't care if we're talking No Country for Old Men or the more recent, low-budget hopelessness of Snow Angels - the seasoned moviegoer settles in for a long trek in a pickup truck, stopping only for depressed meals in dubious diners, trailer park sleepovers and a touch of concluding violence...

Author: /time Magazine | Title: Sleepwalking: A Jaunt Down Mangled Main Street | 3/14/2008 | See Source »

...frequency with which the latter phenomenon occurs could suggest that the business of competitive college athletics is incompatible with a rigorous academic environment. Some argue that a reason to admit academically dubious athletes is that they tend to possess a deep discipline for their sport and this is grit we can learn from. Yet mediocre athletes can be highly disciplined too—athletic talent is not absolutely correlated with discipline for the sport...

Author: By Lucy M. Caldwell | Title: Are Jocks Necessary? | 3/7/2008 | See Source »

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