Kosdaq firms struggle with rising workload amid shareholder reform push

Complaints are mounting among investor relations officers at listed companies as workloads surge amid the government’s push to enhance corporate value and strengthen minority shareholder rights, industry officials said Tuesday. They said compliance pressure has intensified due to a series of new requirements, including expanded English-language disclosure obligations, mandatory reporting of shareholder meeting voting outcomes and stricter executive compensation disclosure standards. The government has been advancing sweeping reforms to the corporate disclosure framework as part of broader efforts to upgrade the local capital market and narrow the so-called Korea discount, which refers to the chronic undervaluation of Korean equities. Financial regulators have gradually expanded mandatory English disclosures since January 2024. Earlier this year, the requirement was extended to all KOSPI-listed firms with assets exceeding 2 trillion won ($1.3 billion). Under the initiative, all companies listed on the benchmark market will be required to provide English-language disclosures starting in

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