The Korea Exchange announced on the 22nd that it held an online briefing for the person in charge of disclosures and relevant parties of listed companies regarding amendments to the Commercial Act.
This briefing was held with the purpose of sharing key contents of the amendments to the Commercial Act with disclosure officers and responsible personnel of listed corporations, and emphasizing the need for active communication with shareholders to build trust between corporations and shareholders.
The briefing proceeded in the order of introducing the value enhancement (value-up) program, explaining key contents of the amendment to the Commercial Act and measures to strengthen shareholder communication, and a Q&A session about improvements in governance.
More than 1,500 practical personnel from 950 corporations participated in the online briefing.
A representative of the exchange said, "This briefing will enhance understanding of the amended Commercial Act for protecting the rights of general shareholders and improving corporate governance, and it will help in active implementation."
The exchange plans to support the establishment of a management culture that respects shareholder value of listed corporations through future educational programs.