[아이뉴스24 장유미 기자] While discussions on promoting the profit-sharing system are in full swing with the ruling party in full swing, not only companies but also shareholders are strongly protesting, arguing that they can infringe on property rights. In particular, it was found that there were quite a number of people who would actively engage in class action lawsuits in the event of a decline in stock prices and dividends due to a decrease in corporate profits due to the profit sharing system.
On the 7th, the National Federation of Entrepreneurs commissioned Mono Research, a specialized market research organization, and surveyed 500 men and women aged 18 or older who currently own corporate stocks. 63.6% thought that the implementation of the profit-sharing system could infringe shareholders’ property rights such as a fall in stock prices and a decrease in dividends due to a decrease in corporate profits.
The percentage of responding that it was not remained at 30.8%. In particular, young people in their 20s or younger (74.0%) and 30s (75.5%) responded that they infringed on shareholder property rights.
In addition, 47.2% of respondents answered that they are willing to participate in class lawsuits in the event of a fall in stock prices and dividends due to a decrease in corporate profits due to profit sharing.
The majority of respondents (51.6%) said they disagree with the benefit-sharing system, which shares part of corporate profits with the corona victims. The percentage of respondents saying’I agree’ was 42.6%. By age, 80.2% of respondents in their 30s answered that they disagree with the Corona Profit Sharing System, and the opposition rate was the highest.
The reason for disagreeing with the profit-sharing system is ▲26.4% weakening of corporate growth engines such as investment due to decreased corporate profits ▲23.6% of infringement of shareholder property rights such as decrease in dividends ▲22.1% of non-correlation between companies and victims ▲14.3% of reverse discrimination with foreign companies ▲ Only profits due to coronavirus could not be calculated, followed by 13.6%.
On the other hand, the reasons for agreeing were ▲contributing to the resolution of polarization 32.9% ▲the need to share the pain caused by the corona 30.5% ▲the serious crisis of the vulnerable 26.3% ▲the clear preferential treatment for some companies due to the corona 6.1% ▲the government fiscal burden reduction 4.2%.
In addition, the majority of respondents (51.6%) replied that they disagreed with the fundraising proposed as a promising plan for the profit-sharing system. The percentage of respondents agreeing to the fundraising was 41.0%.
In addition, when asked whether the discussion on the benefit-sharing system is close to the request for voluntary participation or compulsory participation by companies, 48.0% of respondents answered that it is close to the demand for mandatory participation by companies. 36.4% of respondents said they were close to voluntary participation by companies.
The FKI analyzed that it has five issues, including the profit-sharing system, ▲ unclear profit calculation ▲ infringement of shareholder equity ▲ possibility of judicial punishment by management, ▲ equity with foreign companies ▲ weakening incentives for growth.
The FKI said, “It is not appropriate to say that these companies have suffered a deficit in the past and have benefited only from Corona, ignoring that they have made bold facility investments and R&D.” He pointed out that in a situation where a large number of such systems have been introduced, the risk of corporate litigation can be increased through profit sharing.
“If the profit-sharing system is applied to foreign companies such as YouTube and Netflix, it is highly likely to be applied only to domestic companies, as it may become involved in international disputes. Therefore, only domestic companies may be disadvantaged in competition with foreign companies.” “It reduces the motives of pursuing profits and dampens the vitality of the economy.”
Reporter Jang Yoomi [email protected]