Retail Investors' Leveraged Investment: Current Status and Implications [Senior Research Fellow] Lee, Hyo Seob / Aug. 25, 2026 Since 2025, Korean stock indices have risen sharply and become more volatile, and as a result, leveraged investment by retail investors has been growing quickly. As of the end of June 2026, the outstanding balance of margin loans in Korea stood at 36.7 trillion won, 5.5 times the level at the end of 2016. This growth is 1.7 times faster than the growth of margin trading in the ... Korea’s Capital Market in 2026, with Investor Rights Protection Still Stuck in the 1960s: Reform Priorities for Unclaimed Shares and Bondholders’ Meetings [Senior Research Fellow] Hwang, Hyunyoung / Aug. 25, 2026 By 2026, Korea’s capital market has made remarkable progress in both market scale and institutional development, as reflected in stock indices and market capitalization, the breadth of its retail investor base, amendments to the Commercial Act, and the electronic securities system. Yet the procedures through which investors recover lost rights and collectively exercise their ri... The Impact Investment Market in Korea: Current Status and Challenges [Senior Research Fellow] Park, Chang Gyun / Aug. 11, 2026 Impact investing is an investment approach that seeks to generate positive, measurable social value alongside financial return. Its core elements are intentionality in the pursuit of social value, the simultaneous pursuit of financial return and social value, and the measurement and disclosure of the outcomes investment activities produce.

The global impact investmen... Key Considerations in Designing a Fund-Based Retirement Pension System [Senior Research Fellow] Nam, Chaewoo / Jul. 28, 2026 The debate over introducing a fund-based retirement pension system is closely tied to calls for a qualitative transformation following the rapid expansion of retirement pension assets. Although retirement pension reserves have grown quickly, the current contract-based governance structure and the individual-choice-centered operation of defined contribution (DC) plans have not b... The Rise of Intangibles and Changes in Corporate Financial Behavior [Research Fellow] Jung, Heechul / Jul. 28, 2026 Technological progress and the advancement of the knowledge-based economy have increased the economic importance of intangible assets, thereby altering the nature of corporate financing needs. Relative to tangible assets, intangible assets have lower collateral and recovery values, involve greater uncertainty over investment outcomes, and are subject to more severe information ...