Stay updated with breaking news from Samil Pwc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
![[INTERVIEW] 'Role of outside directors, audit committees should be strengthened to improve corporate governance' - Vimarsana News](https://img.koreatimes.co.kr/upload/thumbnailV2/bd3a56a6e66e4e8692d787e8a6d8bd93.png)
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.
This year is projected to witness a rebound in mergers and acquisitions (M&A) deals, marking an end to the sluggish market conditions experienced over the last two years, according to a Samil PwC report on Wednesday.
Korea's mergers and acquisitions (M&A) market, which had largely been stagnant throughout last year, is expected to gain momentum again in the latter half of 2024, as central banks of major countries are slated to implement key interest rate cuts, lowering businesses' cost burden in acquisition deals.
Since the government increased the yearly certification quota for accountants to more than 1,000 in 2019, over 1,000 newly certified accountants have entered the Korean market annually.
Since the government increased the yearly certification quota for accountants to more than 1,000 in 2019, over 1,000 newly certified accountants have entered the Korean market annually.