Completed Disclosure of Corporate Governance Reports for 215 KOSPI-Listed Companies

Increase of 4 Locations Compared to the Previous Year

Provided by Korea Exchange

[Asia Economy Reporter Minwoo Lee] All 215 KOSPI-listed companies required to submit corporate governance reports have completed their disclosures within the deadline.

On the 1st, the Korea Exchange announced that all KOSPI-listed corporations with consolidated total assets of 2 trillion won or more have submitted their 2020 fiscal year corporate governance reports. The target companies included 40 financial firms and 175 non-financial firms. Compared to last year, the number of non-financial firms increased by four. The combined market capitalization of these companies was approximately 1,677 trillion won as of the end of last year, accounting for about 85% of the total KOSPI market capitalization.

Additionally, 12 companies including Dong-A Socio Holdings, Dong-A ST, POSCO Coated & Color Steel, and Hansol Logistics voluntarily disclosed their corporate governance reports. Including these, the total market capitalization of companies disclosing governance reports rises to about 1,683 trillion won.

The Exchange plans to conduct a full review for guideline compliance, omissions, and errors in the reports and will request corrective disclosures if necessary. Alongside this, practical guideline training will be provided to listed companies to ensure more detailed and thorough information is included in the reports. A Korea Exchange official explained, "By disclosing key corporate governance information to investors, we aim to enhance transparency in corporate management, activate responsible investment, and contribute to the mid- to long-term increase in corporate value."

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