“Exercising stock options in the field of performance”… Growing demand to prevent eating out of Kakao Pay

After the controversy erupted after Kakao Pay’s management exercised stock options (stock options) to gain tens of billions of won in market profit, there is a demand that the requirements for granting stock options should be strengthened to prevent moral hazard of the management. The Solidarity for Economic Reform issued a comment on the 12th, saying, “The sale of Kakao Pay executives’ stocks undermined the purpose of stock options to maximize shareholder profits by aligning the interests of company executives and shareholders.”

Reference-www.hani.co.kr

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