6 out of 10 Donghak ants, “Profit-sharing system infringes shareholder property rights”

Since last year, interest in stock investment has been increasing due to the Donghak ant movement fever, and on the 14th of last month, office workers are checking stock indices in the western district of Daejeon.  News 1

Since last year, interest in stock investment has been increasing due to the Donghak ant movement fever, and on the 14th of last month, office workers are checking stock indices in the western district of Daejeon. News 1

When asked about the benefit-sharing system for individual investors called’Donghak ants’, more than half disagreed. In addition, 6 out of 10 responded that the benefit-sharing system could infringe shareholders’ property rights.

The National Federation of Entrepreneurs (Jeon Gyeong-ryeon) said on the 7th that, “I commissioned Mono Research, a specialized market research organization, to survey 500 men and women 18 years of age or older who own corporate stocks on the 28th and 29th of last month.” Revealed.

51.6% opposes the benefit-sharing system, which shares part of corporate profits with the victims of the novel coronavirus infection (Corona 19), and 42.6% agrees. In particular, the proportion of respondents in their 30s (80%) was the highest.

As a result of a survey conducted by the FKI, 63.6% of individual investors answered that the profit-sharing system could infringe shareholder property rights.  FKI

As a result of a survey conducted by the FKI, 63.6% of individual investors answered that the profit-sharing system could infringe shareholder property rights. FKI

The most common reason for disagreeing with the profit-sharing system was that the growth engine of the investing company was weakened (26.4%) due to a decrease in corporate profits. Shareholders’ property rights infringement (23.6%), such as a decrease in dividends, non-correlation between companies and victims (22.1%), reverse discrimination with foreign companies (14.3%), and only profits due to coronavirus (13.6%) are also against the benefit-sharing system. I chose the reason.

On the other hand, those who agree with the benefit-sharing system answered that this system can contribute to resolving polarization (32.9%) and share the pain caused by corona (30.5%). Because the crisis for the vulnerable is serious (26.3%), it is also clear (6.1%) that some companies have received preferential treatment due to the coronavirus, and the opinion that the system should be introduced to reduce the government fiscal burden (4.2%). Followed.

As a result of the FKI survey, 48% of respondents said that the discussion on the benefit-sharing system was close to the demand for compulsory participation by companies.  FKI

As a result of the FKI survey, 48% of respondents said that the discussion on the benefit-sharing system was close to the demand for compulsory participation by companies. FKI

In addition, 63.6% of all respondents said that if the profit-sharing system is implemented, shareholders’ property rights may be infringed, such as a decline in stock prices and a decrease in dividends due to a decrease in corporate profit. In particular, opinions of concern about property rights infringement were remarkable among young people in their 30s (75.5%) and under 20s (74.0%). 47.2% of respondents said they would participate in whether they would participate in a class action suit in the event of a share price decline or a decrease in dividends by implementing a profit-sharing system.

More than half of the respondents (51.6%) did not agree with the fundraising, which is suggested as a promising plan for the benefit-sharing system. In addition, 48% of respondents said that the discussion on the benefit-sharing system was close to the demand for compulsory participation by companies. 36.4% of respondents said they were close to voluntary participation by companies.

Reporter Kim Kyung-mi [email protected]


Source