Page 4 - Corporate Program News Today

KB Financial Group has become the first publicly traded company to officially announce a plan to disclose its corporate value enhancement plans during the fourth quarter of this year.

Financial Supervisory Service (FSS) Governor Lee Bok-hyun and heads of financial groups and companies travelled to New York this week to promote Koreas capital market as well as its government-led corporate value enhancement program.

South Korea's financial regulator on Thursday proposed detailed guidelines for companies if they choose to participate in the government's reform program…

(Bloomberg) -- South Korea’s regulators issued guidelines on how companies can increase shareholder returns and improve corporate governance, taking another step toward boosting depressed valuations in the nation’s $1.8 trillion stock market.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Cra...

SEOUL (Reuters) -- South Korea's financial regulator on Thursday proposed detailed guidelines for companies if they choose to participa

Market watchers and investors have expressed disappointment over the guidelines for the governments Corporate Value-up Program announced, Thursday, taking issue with what they perceive as a lack of specific details regarding tax incentives for participating companies.

The Korea Exchange (KRX) has been hosting a range of seminars for firms since early April as a follow-up project to the government’s Corporate Value-up Program aimed at boosting undervalued stocks.

Enhancing the independent role of the board of directors and audit committee within a company is paramount in improving corporate governance, the head of the Samil PwC Governance Center said.

The heads of financial groups and banks are rushing to increase holdings of their firms stocks in a collective effort to boost share prices to maximize shareholder returns, market watchers said Friday. Buying back stocks reduces the number of total outstanding issues, raising dividends per share.

With the liberal opposition clinching a landslide victory in Wednesday's general election, expectations over President Yoon Suk Yeol’s economic policies that favor stock market investment falter. Yoon’s People Power Party faced a major defeat in the parliamentary elections, as the main opposition Democratic Party of Korea and its satellite party won 175 seats in the 300-member National Assembly. The ...