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addressing the korea discount and its impact on global investments

South Korea"s stock market faces a "Korea Discount," where shares trade at lower valuations compared to global peers, largely due to poor corporate governance and the geopolitical risk from North Korea. President Yoon Suk Yeol aims to enhance board accountability to attract retail investors, but he must navigate entrenched business interests that benefit from the current system. Major firms like Samsung and Hyundai are often undervalued despite comparable profitability to international competitors.

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