South Korea releases guidelines for "Corporate Value-up Program" to improve governance, increase shareholder returns, and address the "Korea Discount".
South Korea's financial regulators released guidelines for the "Corporate Value-up Program" to enhance corporate governance, increasing shareholder returns and addressing the "Korea Discount" phenomenon. The program encourages listed companies to set mid-to-long term targets for ROE and non-financial indicators, promoting minority shareholder involvement and foreign investment. Participating companies can receive tax benefits.
May 02, 2024
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