Samsung 2003 Annual Report Download - page 11

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Please find page 11 of the 2003 Samsung annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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While transparency and corporate governance suddenly became
a crucial issue in the financial centers and in government chambers
around the world, we had already made significant moves to
improve the quality and extent of our financial reporting and
oversight. The Board has a sizeable percentage of outside
Directors, and has worked with an outside auditor for years to
ensure we adhere to world-class practices.
Samsung Electronics has been singled out for its excellent
corporate governance and financial reporting by industry monitors
from around the world. Asset Benchmark Research recognized
Samsung Electronics as the company having the “Finest Corporate
Governance in South Korea.” Euromoney ranked our corporate
governance at number two in its listing of 500 emerging market
companies. The British magazine Investor Relations noted our
strong commitment to shareholder value and transparent financial
management, and lauded Samsung Electronics for the “Best
Communication of Shareholder Value in Asia” as well as the “Best
IR by a Korean Company.”
Samsung Electronics is clearly on the right path toward being
the best.
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