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Islanders flock to Charlottetown Flea Market for affordable finds amid rising costs | SaltWireSEOUL - South Korea's financial regulator on Thursday proposed detailed guidelines for companies if they choose to participate in the government's reform programme aimed at enhancing shareholder value.
In remarks prepared for Thursday's announcement, Kim So-young, vice chairman of the Financial Services Commission, said:"It guides companies to select key indicators that are seen as important for enhancing corporate value based on the characteristics of each firm, set mid- to long-term objectives, and devise various plans regarding investment, shareholder return and business portfolio reorganisation.
It is recommended that companies submit filings on their plans each year, but it will be up to companies to decide whether they want to participate in the programme and use the guidelines to set up such plans and submit filings, according to the announcement.
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