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Commercial banks are likely to be included in the government’s assessment list of firms paying attention to “shared growth” with subcontractors.
Some officials of the Commission of Shared Growth for Large and Small Companies said the agency was considering expanding its yearly assessment target to the banking sector as early as 2013.
Other sectors including medical institutions could also be placed on the authorities’ watch list, they added.
In the commission’s first unveiling of the assessments of 56 major enterprises’ policies for co-prosperity with suppliers last May, seven enterprises were instructed to “improve” their profit-sharing efforts.
With the launch of the shared growth commission in December 2010, the government set the pace for the scheme. The commission has introduced a “win-win index,” which rates businesses on their commitment to mutual growth.
However, the plan to increase the number of evaluation targets may be scrapped according to the results of the Dec. 19 presidential election.
By Kim Yon-se (kys@heraldcorp.com)
Some officials of the Commission of Shared Growth for Large and Small Companies said the agency was considering expanding its yearly assessment target to the banking sector as early as 2013.
Other sectors including medical institutions could also be placed on the authorities’ watch list, they added.
In the commission’s first unveiling of the assessments of 56 major enterprises’ policies for co-prosperity with suppliers last May, seven enterprises were instructed to “improve” their profit-sharing efforts.
With the launch of the shared growth commission in December 2010, the government set the pace for the scheme. The commission has introduced a “win-win index,” which rates businesses on their commitment to mutual growth.
However, the plan to increase the number of evaluation targets may be scrapped according to the results of the Dec. 19 presidential election.
By Kim Yon-se (kys@heraldcorp.com)
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