"Shocked by martial law." To the business world...Explaining to Foreign Investors 'Sweat' [Y Record]

■ Host: Anchor Lee Jung-seop, Anchor Cho Ye-jin
■ Starring: Professor Lee Jung-hwan, Hanyang University School of Economics and Finance

* The text below may differ from the actual broadcast content, so please check the broadcast for more accurate information. Please specify [YTN News Special] when quoting.

◆ Anchor: The shock wave of martial law has also affected the business community. I think there's been news all night, with emergency presidential meetings being held and all scheduled business trips being canceled.

◇ Lee Jung-hwan: I think it's very important news, and large companies are already global companies, and the characteristic of global companies is that people who buy goods or people who want to invest are all foreigners. If you are a foreigner and do not brief in such a political situation, investors will withdraw money or if martial law is imposed on product transactions, you need to explain whether the contract you promised to procure or not be fulfilled. Therefore, situations where uncertainty grows can be considered a very important issue. In particular, politically, situations such as martial law can cause problems in production itself, so it is necessary to explain the people who live by saying that they are investors and customers. Therefore, you can understand that management has no choice but to gather because it is necessary to analyze the situation and accurately respond to how to convey this analysis. This situation is not the end, but what will happen in the future, but we have to show that we can procure our products at the right time and have no problem in producing returns, so we had no choice but to gather urgently. In addition, LG has issues about the safety of workers to the extent that, for example, employees working near the National Assembly are told to invest. If there is a demonstration or something like this that you don't know about, things like working conditions can become problems, so in a way, you can understand that these were forced to hold an emergency meeting to promote the safety of customers and investors.

◆ Anchor: I think the companies in Yeouido must have been very anxious.

Excerpt from the conversation: Jung Eui-jin, editor of the digital news team