[Korea goyounghun financial newspaper reporter] the unfaithful specify the scale gongsibeop companies Kosdaq showed about four times the KOSPI market.
14 days 99 guns, took place is designated 229 cases of unfaithfulness gongsibeop about the KOSDAQ subsidiaries 158 companies for the last one oil corporation 73 companies for the entire period until 31 December 2016 from 1 January 2013, according to the Korea Exchange traded Disclosure System .
Overall was unfaithful disclosure occurs more in the Kosdaq market than the securities market was about four times the difference in 2016.
Period KOSDAQ insincere gongsibeop ratio within the same while the increase from 4% to 5%, the rate in the securities market has decreased from 3% to 2%. Unfaithful gongsibeop is specified for the same listed emerged in some cases that occur up to five times.
Jeongyujin corporate Governance Research Institute "became the focus of interest of market participants about the overall disclosure under the influence of the past Hanmi crisis," he was diagnosed as "insincere disclosure is a trend that continues to grow was more common in the KOSDAQ market."
Jung Institute explained, "was published in the form of a failure to account for more than 60% was on show at insincerity disclose much of corporate governance related issues, which we believe is the largest shareholder changes reflect the characteristics of frequent KOSDAQ market."
Timeliness and accountability to strengthen the disclosure is essential for the healthy development of capital markets, in recent years some exchanges have amended the disclosure requirements to improve disclosure levels.
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