#corporate-value-up, 2024.03.05 to 2024.09.04

Gentle persuasion
Korea continues to be a key focus. Foreign investors are still generally quite sceptical on the prospects for the Value-up programme, with fewer than 30% expecting it to have a meaningful impact Principal reasons are the perceived inability of the government to pass legislation due to its minority position combined with the structural impediment of an equity market dominated by majority shareholders that seemingly don’t care about share prices. ... more
2024.09.04 | #korea, #corporate-value-up, #shareholder-returns, #corporate-governance
Round two
Following a period where the Korean “Corporate Value-Up” (CVU) beneficiaries retreated to below start-of-year levels, effectively pricing in a zero chance of success, the group staged a tentative, partial rebound in July (figure 1), potentially marking the start of “Round two”. ... more
2024.08.06 | #korea, #corporate-value-up, #share-buybacks, #minority-shareholders
Round trip, complete
It is rare to see a prominent investment theme go from zero to one hundred and back to zero again in the space of a few months. However, that is the story of Korea’s “Corporate Value Up” (CVU) initiative in 2024. ... more
2024.06.05 | #korea, #corporate-value-up, #holding-companies
A large retracement
Investors are less optimistic about the Korea Corporate Value-up program: ... more
2024.04.03 | #korea, #corporate-value-up, #holding-companies, #national-pension-service
Corporate Value-up
The Financial Services Commission (FSC) in Korea recently released the “Corporate Value-up Program”. Some highlights: ... more
2024.03.05 | #korea, #corporate-value-up, #shareholder-returns, #corporate-governance

Gentle persuasion

Round two

Round trip, complete

A large retracement

Corporate Value-up