Breakingviews - Korea's value push is getting a much-needed spark

Political Turmoil in South Korea: President Yoon Suk Yeol's failed coup has intensified political instability and highlighted the need for reforms to limit the influence of family-owned businesses, as evidenced by the ongoing conflict at Korea Zinc over board appointments.

Corporate Governance Issues: The lack of shareholder protections in South Korea is contributing to poor market performance and high capital costs, with only a small fraction of companies responding to initiatives aimed at improving corporate valuations compared to Japan.