Lee Jae-Yong, vice-chairman of Samsung Group, arrives to face trial at the Seoul Central District Court on April 7, 2017. Photo: EPA

Opinion

Morten Bennedsen

Samsung’s Lee family succession crisis shows the importance of long-term planning

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Family-run businesses throughout Asia have a lot to learn from the tumultuous events surrounding the recent conviction of Lee Jae-yong

Morten Bennedsen and Brian Henry

Published: 10:01am, 6 Oct, 2017

Updated: 2:55pm, 20 Jul, 2018

Lee Jae-Yong, vice-chairman of Samsung Group, arrives to face trial at the Seoul Central District Court on April 7, 2017. Photo: EPA

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Morten Bennedsen

Morten Bennedsen is the André and Rosalie Hoffmann chaired professor of family enterprise and academic director of the INSEAD Wendel International Centre for Family Enterprise

Brian Henry

Brian Henry is a research fellow at INSEAD