Chairman Park Hyeon-joo: "Shareholder returns are nonsense... Companies improve when they don't pay dividends"

‌Park Hyeon-joo, Chairman of Mirae Asset Group and Global Strategy Officer (GSO), recently commented on the shareholder return issues of Samsung Electronics and SK Hynix—one of the biggest interests for individual investors—stating, "If paying high dividends worked, would Samsung Electronics and SK Hynix even exist? Companies improve when they do not pay dividends."
Source: Chairman Park Hyeon-joo: "Shareholder returns are nonsense... Companies improve when they don't pay dividends"
What a real man.