South Korea's Richest Families Face an Investor Revolt (youtube.com)
Cheobols, the engine of growth of Korean economic success over past half century. ‘The reason SKorea is Asia’s fourth largest economy.' Now, some of their MNA plans have been rejected, out of concern for equal terms for all shareholders instead of favoring the few controlling shareholders, and why we've seen a decades-long ‘Korea discount.’
Opposition party wants an even stronger reform agenda, to try to improve corporate governance for chaebols.