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South Korea Passes Law to Strengthen Shareholder Rights

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South Korea Passes Law to Strengthen Shareholder Rights
South Korea Passes Law to Strengthen Shareholder Rights
MarieBy

South Korea Passes Law to Strengthen Shareholder Rights

By Marie

South Korea’s National Assembly has passed a sweeping amendment to its Commercial Act aimed at bolstering shareholder rights and improving corporate governance. The new legislation targets the country’s powerful family-run conglomerates, which have long maintained control through complex cross-shareholding structures. Also Read: Brazil’s Supreme Court Places Ex-President Jair Bolsonaro Under House Arrest

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