Shareholder Activism Suffers Dramatic Defeat as Series of Shareholder Proposals Are Rejected

SEOUL, Mar. 25 (Korea Bizwire) — In this year’s season of shareholders’ meetings, shareholder proposals made by activist funds are being rejected one after another, leading many to retract from their original expectation that shareholder activism would make a strong impact on corporate management. At the shareholders’ meetings for Hyundai Motor Co. and Hyundai Mobis [...]