Dalton’s Korean specialist James Lim was interviewed as part of CNBC’s article on South Korea’s recently announced plan to boost corporate value (aiming to follow the major reforms in Japan). The article clearly covers the frustration of many investors that the reforms do not go far enough in attempting to tackle the “Korean discount”. At Dalton, we share the frustration, but see the individual reforms as incrementally positive and hope that the negative reaction to the most recent plans may cause pressure to build on the Korean government and drive future, more meaningful reforms. Read the article here.
