Kim So-Young, Vice Chair, "Corporate Value-Up is a Voluntary and Long-Term Task"

Kim So-young Attends '2024 Samsung Global Investors Conference'
Introducing Government Capital Market Policies and Corporate Value-Up Strategies

Kim So-young, Vice Chairman of the Financial Services Commission, and Lee Han-sang, President of the Korea Accounting Standards Board, are attending the "Domestic ESG Disclosure Standards On-site Meeting" held on the 14th at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul. Photo by Kang Jin-hyung aymsdream@

Kim So-young, Vice Chairman of the Financial Services Commission, emphasized on the 9th that "corporate value-up is not a short-term task, but will be pursued with a long-term perspective" while meeting with domestic and international investors.

Vice Chairman Kim attended the '2024 Samsung Global Investors Conference' and stated, "'Corporate Value-Up Support Measures' are initiatives aimed at supporting companies' own efforts to enhance corporate value."

This conference, hosted by Samsung Securities, was attended by about 1,000 domestic and international investors. At the event, Vice Chairman Kim introduced the government's ongoing capital market advancement initiatives and explained the key contents and directions of the 'Corporate Value-Up Support Measures,' which have recently attracted significant interest from investors at home and abroad.

Vice Chairman Kim said, "we will induce a 'virtuous cycle structure of capital market development' where companies establish, disclose, and implement corporate value enhancement plans, and investors actively use the disclosed plans for investment decisions, providing feedback."

Vice Chairman Kim plans to actively participate in events such as the '2024 BofA Korea Conference,' 'Financial Policy Meeting,' and 'Macquarie Korea Value-Up Program Conference' in May to explain the government's key policies.

Meanwhile, the Financial Services Commission plans to provide guidance to executives and board members, centered on the stock exchange, and conduct training for disclosure officers so that listed companies can participate in the corporate value-up program. Additionally, a series of outreach explanatory sessions targeting regional companies will also be held.