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ACGA Blog: Following Korea’s third wave of Commercial Code amendments - what comes next?

Korea's legislature has addressed one of the most persistent tools of entrenched control: treasury shares. This has been marked by a significant wave of treasury share cancellations by major listed companies. In this article, we evaluate the impact of the recent “third wave” of Commercial Code amendments and examine how legislative attention is now turning to the Business Judgement Rule, writes Yura Ahn, our new Research Head for Korea. Read more here.