Gov't to present profit-sharing system between big, small businesses
Sept 22, 2017
The government said Friday it will soon come up with measures to get big businesses to share profits with subcontractors.The government will complete a study on a viable profit-sharing model by the end of the year so a bill could be presented to the National Assembly for passage in 2018, an official of the Ministry of SMEs and Startups said."We are planning to clearly define the concept of Korean-style profit sharing through the development of a Korean model," the official said. "We are also exp