Yonhap Infomax NewsSouth Korea’s People Power Party signals a shift toward supporting Commercial Act revisions to strengthen directors’ fiduciary duties, citing recent shareholder rights concerns, but warns against excessive regulation that could hinder corporate activity and market confidence.
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https://en.infomaxai.com/news/articleView.html?idxno=69993
People Power Party to Take Forward-Looking Approach on Commercial Act Revision—Considers Shareholder Rights Concerns at Some Firms (Comprehensive)
South Korea’s People Power Party signals a shift toward supporting Commercial Act revisions to strengthen directors’ fiduciary duties, citing recent shareholder rights concerns, but warns against excessive regulation that could hinder corporate activity and market confidence.