Based on theoretical and empirical research results from uniquely designed analysis frameworks, KCMI
Research Papers draw out implications as well as policy directions for Korea’s financial industry and markets.
121 Results
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...
Since the outbreak of COVID-19, Korea’s capital market has seen a rapid expansion of its retail investor base, with a growing number of individuals actively investing in overseas assets and structurally shifting from a domestic-equity-centered ...
Artificial intelligence (AI) is driving transformative change across the financial investment industry. The global AI market is projected to grow from USD 189 billion in 2023 to USD 4.8 trillion by 2033, and the financial sector has emerged as one of...
The Korean public fund industry has undergone significant structural changes amid the rapid growth of Exchange-Traded Funds (ETFs). Traditional mutual funds—once the main driver of market expansion—have seen stagnating growth and declinin...