KOREA CAPITAL MARKET INSTITUTE
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Stock market volatility has increased substantially in recent months. The volatility of daily returns on the KOSPI index reached 3.6% in th...

This study examines the current legal framework governing director qualification requirements and disclosure obligations in Korea and compares them with regulatory practices in major jurisdictions, including Japan, the United Kingdom, Australia, the ...

Korea has gradually mandated corporate governance reporting by firm size since 2019 and will extend it to all KOSPI-listed companies by 2026. Using panel data on all non-financial KOSPI firms from 2017–2024, this study estimates the causal effe...

This study empirically analyzes the investment value of stock recommendations and target prices issued by Korean stock analysts. Using portfolios constructed from analysts’ recommendations and target prices announced between 2000 and 2024, the ...