Browse

Shareholder Activism in Korea: A Review of How PSPD Has Used Legal Measures to Strengthen Korean Corporate Governance

Cited 0 time in Web of Science Cited 0 time in Scopus
Authors
Kim, Jooyoung; Kim, Joongi
Issue Date
2001
Publisher
BK 21 law
Citation
Journal of Korean Law, Vol.1 No.1, pp. 51-76
Abstract
Shareholder activism has recently begun to play a significant role in reshaping the corporate governance of Korean companies. The People’s Solidarity for Participatory Democracy (PSPD), a public interest group, has been at the forefront of leading shareholder activism in Korea. It is believed that PSPD’s initiatives will have a lasting influence on the Korean legal system governing corporate governance because for the first time, various minority shareholders’ rights that had remained dormant for most of Korea’s modern history have finally been utilized. This Article examines how those involved in shareholder activism in Korea have been able to use legal measures to improve corporate governance. It will primarily draw upon the experience of PSPD’s activities in recent years. This article will also examine the shortcomings that currently exist under the current legal system and will offer some possible regulatory and policy solutions.
ISSN
1598-1681
Language
English
URI
http://hdl.handle.net/10371/85032
Files in This Item:
Appears in Collections:
College of Law/Law School (법과대학/대학원)The Law Research Institute (법학연구소) Journal of Korean LawJournal of Korean Law Volume 01 Number 1/2 (2001)
  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.

Browse