Latest Thematic Research
Navigating the Korea AGM maze
Following ACGA’s investor delegation to Seoul earlier this year, we have prepared a report to highlight the ongoing challenges our members and investors generally face with Korea's proxy voting and AGMs. Some issues, such as late AGM notices, short voting window, clustering of AGM meetings, have persisted for decades and have seen limited progress, as members on our delegation observed. This paper outlines key AGM-related issues still affecting the market and provides ACGA’s recommendations for addressing them. Improving the AGM and proxy voting system will require not only regulatory changes but also active engagement with various stakeholders, including proxy advisory firms, custodian banks, and the Korea Securities Depository.