The Pride Debate

Lee Gun Hee, CEO of Samsung, recently received an honorary degree from Korea University. However some of the students had resisted physically for Lee Gun Hee to receive it. Why? Because those students thought he paid for it, not studied to get it. After the ceremony was over, the president of the Korea University announced an apology statement about the students resistance, and some of the professors and related people resigned. Well, why these people quit their jobs? Are they scared of Lee Gun Hee's economic power? Was it really necessary? It's somewhat awkward, because I don't see any relation between the professor's resignation and Lee Gun Hee's honorary degree ceremony.

What is going on?