Proposed changes aim to protect minority shareholders, but limited scope and voluntary compliance may dilute impact
South Korea’s Financial Services Commission (FSC) has proposed amendments to the Capital Market Act to improve corporate governance and protect minority shareholders.
However, questions remain about whether these changes can meaningfully address systemic issues in the country’s chaebol-dominated economy and if they align with international governance standards.
South Korea’s Financial Services Commission (FSC) has proposed amendments to the Capital Market Act to improve corporate governance and protect minority shareholders.
However, questions remain about whether these changes can meaningfully address systemic issues in the country’s chaebol-dominated economy and if they align with international governance standards.
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