Korea Capital Market Institute

The TMON and WeMakePrice Crisis: Key Issues and Challenges [Senior Research Fellow] Shin, Bosung Recently, the misappropriation of sales proceeds by large open market platforms has caused significant market disruptions in Korea. To prevent such incidents from recurring, business entities, including open market platforms, should be prohibited from concurrently operating as a payment gateway (PG). Also necessary is the separation of a PG’s proprietary account from its paymen... Strategic Direction for Korea’s Value-up Program [Research Fellow] Lee, Sang Ho Publicly traded companies that raise capital by issuing shares should, over the long term, achieve shareholders’ required rate of returns by enhancing their stock prices. This approach aligns with the standard practice to fairly compensate shareholders who have invested in risk capital. However, in the Korean market, more than half of the companies have failed to achieve even a...