SEOUL -- Homegrown activist funds in South Korea are increasingly vocal as they target companies, including a major K-pop agency, with ambitious plans to alter corporate governance in a country where minority shareholders have often struggled to effect change.
The activism has shown mixed results so far but comes amid a sharp increase in activity. The number of South Korean companies under pressure by local shareholder activism jumped to 47 last year from 10 in 2020, according to KB Securities.
