Dad to kids: I've decided you don't get to take over the family business. Kids to Dad: Who wants to run Samsung anyway?

Samsung's heir has said that he will not pass down management of the South Korean conglomerate to his children, ending three generations dynastic rule. "I will not bequeath corporate control to my children. I have had this in mind for a long time, but have been reluctant to reveal it," the company's de facto leader, Lee Jae- …

[robidy]

Poor chap needs a chat with Murdoch on tefloning state interference.

[Bottle_Cap]

Agreed. He clearly hasn't bought enough politicians.

[robidy]

Plus learning where the bodies are buried to ensure protection :)

[Doctor Syntax]

"Some critics see Lee's announcement as less penance than a shallow PR trick to lift the company's reputation with the public."

Or maybe it's what we've always reckoned - directly enforcing the personal responsibilities of corporate officers with a bit of attention from the courts helps concentrate their minds on what the law requires of them.

[Anonymous Coward]

Leadership

Oh, I don't know. What teenager wouldn't want to be responsible for the next generation of exploding washing machine?