Importance of Corporate Value-up Program to Enhance Korea’s Economy

The Financial Services Commission (FSC) has emphasized the need for Korean companies to embrace the Corporate Value-up Program. This program encourages listed firms to augment their capabilities and engage with investors through public disclosures. The objective is to rectify the Korea discount, where Korean stocks trade at lower prices compared to their fundamentals.

Benefits of the Corporate Value-up Program

The program offers numerous advantages for companies participating in it.

• Enhanced competitiveness
• Improved stock market performance
• Increased investor confidence
• Contribution to a stronger and more resilient economy

Government Support for the Program

The government is committed to supporting the Corporate Value-up Program. The FSC has affirmed its continued assistance, including the launch of a new corporate value-up index next month. This index will provide investors with a valuable tool for assessing companies’ value.

Conclusion

The Corporate Value-up Program is a crucial initiative to strengthen Korea’s economy. By enhancing the competitiveness of listed firms and promoting a capital-centered market, the program will contribute to the nation’s long-term growth and stability.