The Impact of Martial Law on Risk Management

The Impact of Martial Law on Risk Management Strategies in South Korea

The brief imposition of martial law in South Korea by President Yoon Suk-Yeol on December 3, 2024, has left a profound mark on governance and risk management discussions. While the decision was rescinded within hours, its repercussions underscore significant failures in crisis decision-making and provide key lessons for improving risk management strategies. This case highlights…