Seoul considers shaming companies in effort to boost valuation

The financial regulator in Seoul is considering measures that are similar to the Tokyo bourse’s “name and shame” policy. — Bloomberg

SEOUL: South Korea is looking at naming companies with poor governance structures, as it seeks to replicate Japan’s success in boosting stocks by corporate reforms.

The financial regulator in Seoul is considering measures that are similar to the Tokyo bourse’s “name and shame” policy, according to an official at the Financial Services Commission (FSC), who declined to be named discussing internal deliberations.