During a meeting of the president's senior secretaries Monday morning, President Park criticized state-run companies for their lax management and called for reform.
She pointed out that a number of public enterprises that are deeply in debt still offer their employees excessive benefits, even covering the tuition at foreign universities for some of their employees' children.
She pledged to hold responsible anyone who tries to sabotage the reforms and said she is particularly concerned about recent opposition by unionists at some of the firms.
She said the public companies need to regain the public trust by being proactive with their reform plans.
"In circumstances when people tighten their belts due to economic difficulties, if public companies resist change in favor of lax management, they need to thoroughly disclose every detail about how they operate. They also need to try and reform themselves."
President Park also criticized the lack of progress around her ambitious initiative dubbed "Government 3.0," which aims to allow for wider public access to government information to ensure that state affairs are more transparent.
She said the information is not being shared systematically, and ordered fundamental improvements to her plan.
Shin Se-min, Arirang News.