PDF가 표시되지 않으면 여기를 클릭하여 다운로드

1
Ahmed, A. S., & Iwasaki, T. (2021). Foreign ownership, appointment of independent directors, and firm value: Evidence from Japanese firms. Journal of International Accounting, Auditing and Taxation, 43, 100401. Google Scholar ›
2
Albuquerque, B., & Iyer, R. (2024). The rise of the walking dead: Zombie firms around the world. Journal of International Economics, 104, 019. Google Scholar ›
3
Aman, H., Arayssi, M., Dah, M., & Jizi, M. (2024). Increasing shareholder focus: the repercussions of the 2015 corporate governance reform in Japan. Journal of Sustainable Finance & Investment, 14(1), 843-868. Google Scholar ›
4
Bank for International Settlement (2017). “Basel III definition of capital-Frequently asked questions”, Basel Committee on Banking Supervision. Google Scholar ›
5
Buchanan, J., & Deakin, S. (2024). Has Japan’s corporate governance reform reached a turning point? Some cautionary notes. Asia Pacific Business Review, 30(3), 433-450. Google Scholar ›
6
Caballero, R. J., Hoshi, T., & Kashyap, A. K. (2008). Zombie lending and depressed restructuring in Japan. American Economic Review, 98(5), 1943-1977. Google Scholar ›
7
Deloitte Anjin Accounting Corp. (2024). Disclosure of corporate value-up programs and the role of the board of directors. Google Scholar ›
8
Financial Services Commission. (2024, February 26). Measures to support corporate value-up for the advancement of the Korean stock market. (Accessed on 2025.08.25.) https://www.fsc.go.kr/no010101/81780?srch Ctgry=&curPage=&srch Key=&srch Text=&srch BeginDt=&srch EndDt= Google Scholar ›
9
Financial Supervisory Service. (2024, March 25). We will conduct intensive investigations into zombie firms surviving through unfair trading and expel them from the stock market. (Accessed on 2025.08.25.) https://dart.fss.or.kr/dsaa003/selectBodoMain.ax?seqno=26251 Google Scholar ›
10
Hahm, J. H. (2008). Determinants and consequences of non-interest income diversification of commercial banks in OECD countries. East Asian Economic Review, 12(1), 3-31. Google Scholar ›
11
Hana Financial Group. (2024, October 29). Corporate value enhancement plan. Voluntary disclosure. (Accessed on 2025.08.25.) https://kind.krx.co.kr/common/disclsviewer.do?method=search&acptno=20241029000202&rcpno=20241029000202&orgid=G&tran=Y&langTpCd=0 Google Scholar ›
12
Hermalin, B. E., & Weisbach, M. S. (1998). Endogenously chosen boards of directors and their monitoring of the CEO. American Economic Review, 96, 96-118. Google Scholar ›
13
Hu, Xiaoyuan, Danmo Lin & Onur Kemal Tosun (2023) The effect of board independence on firm performance-new evidence from product market conditions, The European Journal of Finance, 29:4, 363-392 Google Scholar ›
14
Ito, K. (2014). Competitiveness and Incentives for Sustainable Growth: Building Favorable Relationships between Companies and Investors (Ito Review). Ministry of Economy, Trade and Industry (METI). Google Scholar ›
15
KB Financial Group. (2024, October 24). Corporate value enhancement plan. Voluntary disclosure. (Accessed on 2025.08.25.) https://kind.krx.co.kr/common/disclsviewer.do?method=search&acptno=20241024000202&rcpno=20241024000202&orgid=G&tran=Y&langTpCd=0 wer.do?method=search&acptno=20241024000258&rcpno=20241024000258&orgid=G&tran=Y&langTpCd=0 Google Scholar ›
16
Kim, S. M., Kim, S. M. & Shin, S. H. (2016) The Effect of Individual Outside Directors’ Tenure on the Financial Reporting Quality, Korea Business Review, 20(2), 163-182. 10.17287/kbr.2016.20.2.163 Google Scholar ›
17
Kim, W. J. (2024). A comparative analysis of non-interest income in domestic banks and its implications. KIF Annual Report, 2024(1), 1-96. Google Scholar ›
18
Köhler, M. (2014). Does non-interest income make banks more risky? Retail-versus investment-oriented banks. Review of Financial Economics, 23(4), 182-193. Google Scholar ›
19
Lee, H. S. (2024). Overseas cases and implications for enhancing corporate value. 1st Seminar on Corporate Value-up Support Measures for the Korean Stock Market, February 26, 2024. Google Scholar ›
20
Lim, H. S. (2023). Outlook and implications for corporate value of domestic banks. Focus, Korea Institute of Finance. Google Scholar ›
21
Liu, Y., Miletkov, M. K., Wei, Z., & Yang, T. (2015). Board independence and firm performance in China. Journal of Corporate Finance, 30, 223-244. Google Scholar ›
22
Mielcarz, P., Osiichuk, D., & Pulawska, K. (2021). Increasing shareholder focus: the repercussions of the 2015 corporate governance reform in Japan. Journal of Management and Governance, 27, 1017-1047. Google Scholar ›
23
Mitsudome, T. (2023). Corporate governance, outside directors, and firm performance: Evidence from Japan. Outside Directors and Firm Performance: Evidence from Japan (January 26, 2023). Google Scholar ›
24
Modigliani, F., & Miller, M. H. (1958). The cost of capital, corporation Finance, and the theory of investment. American Economic Review, 48(3), 261-297. Google Scholar ›
25
Morikawa, M. (2020). Effects of outside directors on firms’ investments and performance: Evidence from a quasi-natural experiment in Japan. Journal of The Japanese and International Economics, 56, 101074. Google Scholar ›
26
Seo, J. H. (2024). Directions for improving the financial holding company system. Focus, Korea Institute of Finance. Google Scholar ›
27
Shi, W., & Fang, P. (2023). Delisting regulation and corporate financialization: Evidence from China. Finance Research Letters, 58, 104685. Google Scholar ›
28
Shin, D. H., Park, C. S. & Chin, M. K. (2010). A holding company system as a successful corporate governance structure: Shinhan Financial Group. Korea Business Review, 14(1), 17-45. Google Scholar ›
29
Shinhan Financial Group. (2024, July 26). Corporate value enhancement plan. Voluntary disclosure. (Accessed on 2025.08.25.) https://kind.krx.co.kr/common/disclsviewer.do?method=search InitInfo&acptNo=20240726000197&docno= Google Scholar ›
30
Shivdasani, A., & Yermack, D. (1999). CEO involvement in the selection of new board members: An empirical analysis. The Journal of Finance, 54(5), 1829-1853. Google Scholar ›
31
Tokyo Stock Exchange. (2024). Considering the investor’s point of view in regard to management conscious of cost of capital and stock price. Google Scholar ›
32
Woori Financial Group. (2024, July 25). Corporate value enhancement plan. Voluntary disclosure (Accessed on 2025.08.25.) https://kind.krx.co.kr/common/disclsviewer.do?method=search InitInfo&acptNo=20240725000258&docno=wer.do?method=search InitInfo&acptNo=20240725000333&docno= Google Scholar ›
33
Yanagida, T. (2022). Effect of the 2015 code revision to the corporate governance code on Japanese listed firms. Asian Academy of Management Journal of Accounting and Finance, 18(2), 41-61. Google Scholar ›
34
Yeo, E. (2020). Case Study of Socially Responsible Investment of Global Major Pension Funds and Policy Implications to Korean Pension Funds. Korea Business Review, 24(2), 29-72. 10.17287/kbr.2020.24.2.29 Korea Financial Holding Companies’ Value-Up and Policy Implications Google Scholar ›

금융지주회사 밸류업 현황과 향후 과제: 4대 금융지주 사례를 중심으로