Chambers Global Practice Guides – Shareholders’ Rights & Shareholder Activism 2024: Korea Chapter, ‘Trends and Developments’

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Date. 2024.10.23   


Hannuri Law LLC is pleased to announce that we have contributed to the latest edition of Chambers Global Practice Guides – Shareholders’ Rights & Shareholder Activism 2024: Korea Chapter, ‘Trends and Developments’ .

Our chapter provides detailed insights into the trends and developments observed during the 2024 Annual General Meetings (AGMs) in South Korea. Key topics include:


 The increasing use of cumulative voting and other shareholder rights to influence corporate governance.

 A rise in shareholder proposals focusing on treasury stock acquisitions and retirements, reflecting a shift in shareholder engagement.

 Regulatory discussions surrounding the proposal to recognize directors' fiduciary duties to shareholders—part of the government's broader efforts to address the "Korea discount" and protect minority shareholders.


We invite you to read the full chapter in Chambers Global Practice Guides to gain a comprehensive understanding of the evolving landscape of shareholder rights and activism in South Korea.


For more information, please check the attachment below.