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KRX Overhauls KOSDAQ IPO Reviews, Introducing AI-Specific Standards

KRX Overhauls KOSDAQ IPO Reviews, Introducing AI-Specific Standards

SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s main bourse operator on Monday introduced a series of new review criteria for initial public offerings (IPOs) specifically targeting companies in core technologies, such as artificial intelligence (AI). The Korea Exchange (KRX) said it has completed amending rules on listing regulation enforcement as part of efforts to [...]

Cumulative Voting Rare Among Top KOSPI Firms Despite Governance Push

Cumulative Voting Rare Among Top KOSPI Firms Despite Governance Push

SEOUL, June 11 (Korea Bizwire) — Only six percent of 171 listed companies on South Korea’s main stock exchange have adopted cumulative voting, a system aimed at enhancing shareholder rights, according to a report released Wednesday by a local research institute. Happy ESG, a corporate governance research group, analyzed the governance structures of 171 companies [...]