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University of Michigan Law School

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Private Enforcement Of Company Law And Securities Regulation In Korea, Hwa-Jin Kim Aug 2017

Private Enforcement Of Company Law And Securities Regulation In Korea, Hwa-Jin Kim

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This chapter offers a brief overview of the private enforcement of corporate law and securities regulation in Korea, with particular reference to the current legislative efforts in the Korean National Assembly and recent court cases. This chapter also talks about Korea’s ill-fated and misguided adoption of the fraud-on-the-market theory in securities fraud litigation.