‘National Pension Responsibility Theory’ in the controversy over Hyeonsan, Kakao, and E-Mart

Labor, civic, and social groups urged the National Pension Service to actively exercise the stewardship code (guidelines for institutional investors to exercise voting rights) against companies that have recently caused a stir in society. Eight groups, including Ganghwa National Action, held a press conference in front of the National Pension Service’s Chungjeong-ro office building in Seodaemun-gu, Seoul on the morning of the 24th and said, “The National Pension Service is not acting as a responsible trustee for old-age funds.” “We should exercise our voting rights against companies that have damaged their values,” he said.


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