Page 2 - Corporate Value Up Program News Today

A lower number of proposals were made by shareholders and added to the agenda during the general meetings of listed companies this year, research released Monday showed.

Major financial groups plans to offer voluntary compensations over Hong Kong-tied equity-linked securities (ELS) are expected to impact their performance in the first quarter of this year, according to industry sources.

Lee Bok-hyun, head of South Korea's Financial Supervisory Service, pledged Thursday to promote "sound and fair finance," aiming to enhance the country's allure as an investment destination for foreign investors. Lee addressed officials from global financial firms and foreign diplomats during the annual "FSS Speaks" forum held in Seoul under the theme "toward sound and fair finance.&...

Financial Supervisory Service (FSS) Governor Lee Bok-hyun pledged to enhance Koreas appeal as an investment destination while simultaneously adopting a resolute stance against illegal and unfair practices among market participants.

The National Assembly elections on April 10 will be a make or break moment for President Yoon Suk Yeol.

Shareholder activism appears to be losing steam in Korea, as evidenced by the general meeting of shareholders at several companies this year, contrary to expectations of an uptick in the influence of retail investors on corporate governance.

SK Telecom, KT and LG Uplus are facing continued pressure from the government to lower their customers monthly bill payments. However, according to industry officials and experts on Monday, concerns have been raised that such price cuts could lead to a reduction in their capacity to invest as well as decrease the overall level of industrial competitiveness.

Representatives of multiple international financial firms are scheduled to visit Korea this week, as interest grows in the governments recent launch of an initiative called the Corporate Value-up Program that aims to bolster the domestic stock market and attract more investments from overseas.

Fund managers have cited improvements in corporate governance, alongside diversified tech exposures, as factors driving an increased appetite for South Korean and Japanese equities in 2024. While t

The government’s measures aimed at increasing shareholder returns to boost Korea's undervalued stock market have sparked much debate on their effectiveness due to the lack of motivational drivers for companies to join the program. In the Corporate Value-up Program announced by the Financial Services Commission on Feb. 26, the government directed some 1,600 firms listed on the Kospi and Kosdaq markets to di...