Old Site
Back to Research Main PageCG Watch 2023: Sustainability is key (India Chapter)
On 2 October 2024, ACGA released the India chapter of the CG Watch 2023 report titled "Sustainability is key : Decoding ambiguity and non-transparency." The report is ...
CG Watch 2023: Dismantling the discount (Korea Chapter)
On 10 June 2024, ACGA released the Korea chapter of the CG Watch 2023 report. Titled "Dismantling the discount: Retail investors push CG into political agenda," the report is written by ACGA's Research Manager Stephanie Lin, and edited by former Secretary General Jamie Allen. The report is co-published with CLSA.
Korea - Trying to dismantle the dreaded discount
- Korea moved up one spot to claim 8th place on a much-improved score of just over 57%.
- A surge in retail shareholders, who now make up 30% of registered voters, has become a significant political force and sparked government action to address systemic CG and ESG issues
- . . . . . . yet the Yoon administration lacks a credible strategy for CG reform, opting for an opportunistic approach that played poorly in the ballot box in early 2024.
- Shareholder activism is on the rise and becoming more creative.
- Sustainability reporting is improving rapidly, but listed companies still lag in board evaluations, diversity policies and disclosure of director remuneration.
- Korea copies Japan and is trying to “value up” its stock market - a direct attempt to dismantle the “Korea discount”.
Other CG Watch
CG Watch 2023: Sunny place, with shade (Australia Chapter)
On 15 August 2024, ACGA released the Australia chapter of the CG Watch 2023 report titled "Sunny place, with shade: Progress and regress in corporate governance." ...
CG Watch 2023: Edging up, sliding down (Greater China Chapter)
On 5 August 2024, ACGA released the Greater China chapter of the CG Watch 2023 report titled "Edging up, sliding down: Top-down agendas, contrasting outcomes."
The ...
CG Watch 2023: Spectrum of standards (Asean Chapter)
On 12 June 2024, ACGA released the Asean chapter of the CG Watch 2023 report. Titled "Spectrum of standards: Regulators set the tone on CG progress," the ...
CG Watch 2023: Ramping up CG reform (Japan Chapter)
On 22 May 2024, ACGA released the Japan chapter of the CG Watch 2023 report. Titled "Ramping up CG Reform: Japan leaps to second in ACGA rankings," ...
CG Watch 2023: A new order
Our 11th biennial CG Watch report, in collaboration with CLSA, on the corporate governance (CG) and ESG performance for 12 markets in the APAC region. Published as separate surveys, ...
CG Watch 2020: Future Promise
This is our 10th CG Watch report with CLSA and at 508 pages by far our biggest. For the first time we are publishing standalone companion reports, with ACGA& ...
CG Watch 2018: Hard decisions
Our ninth report in collaboration with CLSA. Titled “Hard Decisions”, the report comprises two distinct surveys: a market-ranking survey carried out independently by ACGA on ...
CG Watch 2016: Ecosystems matter
Our eighth report in collaboration with CLSA. Titled "Ecosystems matter", the report assesses the quality of corporate governance in 12 Asia-Pacific markets and provides aggregate data ...
CG Watch 2014: Dark Shades of Grey
Our seventh report in collaboration with CLSA. Titled "Dark Shades of Grey", the report assesses the quality of corporate governance in 11 Asian markets and provides aggregate ...
CG Watch 2012: Tremors and Cracks
Our sixth report in collaboration with CLSA Asia-Pacific Markets. Titled "Tremors and Cracks", the report assesses the quality of corporate governance in 11 Asian markets and ...
CG Watch 2010: Stray not into perdition
Our fifth report in collaboration with CLSA Asia-Pacific Markets. Titled "Stray not into perdition", the report assesses the quality of corporate governance in 11 Asian markets ...
CG Watch 2007: On a wing and a prayer
Our fourth report in collaboration with CLSA Asia-Pacific Markets. Titled "On a Wing and a Prayer", the report assesses the quality of corporate governance in 11 ...
CG Watch 2005: The holy grail
Our third report in collaboration with CLSA Asia-Pacific Markets. Titled "The Holy Grail", the report assesses the quality of corporate governance in 10 Asian markets and ...
CG Watch 2004: Spreading the word
Our second report in collaboration with CLSA Asia-Pacific Markets. Titled "Spreading the word: Changing rules in Asia", the report covers corporate governance standards in 10 Asian ...
CG Watch 2003: Fakin’ it
CLSA's fourth annual survey of corporate governance in Asia, titled Fakin' It: Boards Games in Asia, released on 5 May 2003 and the first done with
