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Population aging and financial development in Korea
- Population aging and financial development in Korea
- Kim, Kab Lae
- Korea Capital Market Institute
| Title |
Population aging and financial development in Korea
Similar Titles
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|---|---|
| Material Type | Reports |
| Author(English) |
Kim, Kab Lae |
| Publisher |
[Seoul] : Korea Capital Market Institute |
| Date | 2014-06 |
| Series Title; No | Capital Market Opinion |
| Pages | 6 |
| Subject Country | South Korea(Asia and Pacific) |
| Language | English |
| File Type | Link |
| Subject | Economy < Financial Policy Social Development < Employment |
| Holding | KCMI |
| License |  |
Abstract
Introducing the incentive stock option (ISO) system and dualizing the employee stock option (ESO) taxation system would help activate the Korean venture ecosystem and fuel sustainable economic growth. ISOs will have multiple positive effects in Korea. First, they will enable venture firms to utilize both non-qualified and qualified stock options to build an optimal compensation system that suits their business. Second, by reducing the tax burden of the employees, employees will not have to abruptly dispose the stocks acquired by the ISO plan to pay taxes. This will help prolong their holding period of the employer stocks, and thereby enhance the incentive effects on employees. Third, the ISOs will encourage the well-educated young talents to take the plunge into venture businesses which can be the new growth engine of the Korean economy. (The rest omitted)
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