The Bank of Korea has concluded that expanding shareholder returns can enhance the undervalued corporate value in Korea. A comparison with 16 countries from the G20 revealed that, based on market capitalization relative to capital, Korea’s corporate value ranks 14th, lower than both emerging and developed nations. In terms of shareholder protection, Korea is ranked 12th out of 16 countries, with significant variations among companies. The Bank of Korea’s analysis suggests that a high propensity for shareholder returns or a sound level of general shareholder protection positively impacts corporate value. The Bank of Korea released an issue note with these findings today (the 17th).
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