Minister Kim Jung-kwan said, "We will seek approval from the general meeting for semiconductor performance pay"... Implication of amendment to Commercial Law and Capital Markets Act.

110.65.***.***
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Kwanhoon Club Invitation Debate

“When to Invest, Not Just Share Profits”

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Minister of Trade, Industry and Energy Kim Jeong-관 said that it is necessary to consider a plan for performance-based pay in the semiconductor industry to be approved by a shareholders' meeting at a certain level. Amidst ongoing discussions on strengthening corporate governance and shareholder rights through recent revisions to the Commercial Act and Capital Markets Act, he emphasized the need for institutional devices that harmonize bold compensation for core researchers with shareholder rights.

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https://m.etoday.co.kr/news/view/2611754

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