Analytica Weekly
Weekly proxy advisory intelligence for Korean equity investors
- No.5
Korea AGM Season 2026: Key Proxy Voting Trends to Watch
Korean listed companies are entering the peak AGM season with record levels of shareholder engagement and contested resolutions. Institutional investors face mounting pressure to demonstrate active stewardship through detailed voting rationale. This issue examines the dominant themes shaping proxy advisory recommendations this cycle.
Read more → - No.4
FSS Stewardship Code Compliance: ESG Integration Now a Baseline Expectation
The Financial Supervisory Service has signaled that ESG factor integration is no longer optional for Stewardship Code signatories. Updated supervisory guidance published in February 2026 sets explicit expectations for how institutional investors must document ESG considerations in their proxy voting rationale. This issue breaks down what the new guidance means for compliance programs.
Read more → - No.3
Chaebol Governance Reform: Progress, Stall Points, and What Investors Should Demand
After years of reform rhetoric, Korean chaebol governance has made measurable improvements in board independence and audit committee composition — but critical gaps remain. Related-party transactions, circular ownership structures, and family succession planning continue to create governance discounts that institutional investors can no longer ignore. This issue assesses where reform stands and what investors should be pushing for in 2026.
Read more → - No.2
Pre-AGM Season Briefing: Navigating the March–April 2026 Korean Proxy Calendar
With AGM filings beginning to arrive and investors finalizing their proxy voting frameworks, the 2026 Korean proxy season is taking shape. This briefing maps the March–April calendar, identifies the key votes and contested resolutions investors should prepare for, and outlines how Analytica is positioning coverage for the most consequential proxy season in recent years.
Read more → - No.1
NPS Stewardship Season 2: Korea Zinc Becomes the First Test
ISS has recommended against the re-election of Korea Zinc CEO Choi Yoon-bum, putting the National Pension Service — the deciding vote with a 5% stake — under immediate scrutiny. The timing is pointed: NPS has just signalled "Stewardship Code Season 2," expanding its pre-disclosure policy and widening its engagement mandate. How NPS votes at the March 24 AGM will define the credibility of those commitments.
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