FLKR - Korea's Path To Better Corporate Governance

2024-07-03 05:00:00 ET

Summary

• Korea has been grappling with corporate governance issues for several decades, driven by the concentration of power and opaque business practices.
• We believe that successful corporate governance reform in Korea will require changes to the tax system, which is a key driver of corporate behavior.
• By considering the positive shift in Korea’s approach to corporate governance, investors can better evaluate the potential for increased returns in the Korean market.

Korea has been grappling with corporate governance issues for several decades, driven by the concentration of power and opaque business practices. But significant efforts to reform these practices have gained momentum, with government initiatives paving the way for more transparent and accountable corporate standards....

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