South Korea’s FSC will require KOSPI-listed firms with assets over 2 trillion won to enhance executive pay disclosures, mandate English filings, and incentivize staggered shareholder meetings from May 2025, aiming to boost transparency and shareholder rights.
#YonhapInfomax #FinancialServicesCommission #ExecutiveCompensation #KOSPI #EnglishDisclosure #ShareholderMeetings #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91042
National Pension Service Calls Concentrated Shareholder Meetings a ‘Disaster’—Urges Longer Notice Periods
The National Pension Service warns that the concentration of AGMs among South Korean listed firms severely hampers institutional voting, urging longer notice periods and stronger stewardship code oversight.
Asset Managers' Voting Rights Exercise① - Mirae Asset's Strict Approach vs. Korea Investment's Passive Stance
Mirae Asset Management shows stricter voting approach in shareholder meetings, while Korea Investment Trust Management takes more passive stance, as asset managers increase scrutiny of corporate governance.
Asset Managers' Voting Rights Exercise - Abstentions and Rubber-Stamping Persist as Authorities Expose Inadequate Cases
Financial authorities increase pressure on asset managers to actively exercise voting rights, exposing inadequate practices and threatening public shaming for underperformers
Retail and Food Companies Face 1% Low Growth - Solutions Presented to Shareholders
Retail and food companies in South Korea present diverse strategies to shareholders amid 1% low growth forecast, focusing on experience differentiation, internal management, and global expansion.
Insurance Industry Opens Shareholder Meetings, Focusing on Establishing Internal Control Committees
Korean insurance companies focus on establishing internal control committees as shareholder meetings begin, aligning with regulatory requirements and addressing governance issues.
Over 1,300 Companies Hold Shareholder Meetings on Same Day - 'No Time to Read Proposals'
Over 1,300 South Korean companies schedule shareholder meetings on the same day, raising concerns about insufficient time for investors to review proposals and exercise voting rights effectively.
Shareholder Meeting Season Without Activist Funds - Key Points to Watch This Year
Shareholder meetings in South Korea see shift from activist fund pressure to focus on board restructuring and shareholder returns, with major companies like Samsung and Hyundai making significant changes.
Tesla production update: Giga Shanghai 1M, Australia & New Zealand get Model Y deliveries, 3M electric cars produced - Tesla Oracle
Tesla (TSLA) shares the production milestones the automaker has reached year-to-date. 1 million cars at Giga Shanghai, 3 million in total, and more.
Yonhap Infomax News
Tesla News International