Posted inNorth KoreaNortheast AsiaSouth KoreaWorld

Korea’s pension fund to pressure misgoverned companies

South Korea’s National Pension Fund decided in a meeting on Monday to take a more activist stance in the companies it has invested in – a move that could impact the consistent misgovernance of chaebol, the family-founded conglomerates that dominate the economy. The NPS Management Committee announced yesterday that it would adopt a stewardship code […]