Korea’s top firms blocking economic recovery: study
Jun 22, 2016
[THE INVESTOR] Korea’s economic recovery is being delayed as local companies are fast losing vitality, a study conducted by LG Economic Research Institute showed. Korea’s equity market that is in the doldrums reflects the downtick in business activities here, Lee Han-deuk, senior researcher at the think tank said in his report published on June 20. The study notes that the compound annual growth rate of Korean firms’ market capitalization slowed to 3.2 percent between 2011 and 2015, compared to