The KRX conducts eligibility review on qualitative qualifications of the applicants whether there are any matters inappropriate for public interests and investor protection, through comprehensive examination of the activities of the management obstructive to the market integrity, management transparency, accounting information transparency and investment risk based on the listing eligibility report submitted by the designated advisor.
It should be noted that the review by the KRX is minimized as the designated advisors conduct listing eligibility review of the applicant corporation for new listing in advance.
| Items | Matters to be checked |
|---|---|
| Management's offense against market integrity | Record of offense against market integrity such as malpractice, embezzlement, accounting fraud, etc. of the management including the largest shareholder, CEO, etc. Violation of relevant laws by top management |
| Management transparency | Proper statement of the matters relating to transparency of corporate governance structure such as composition of the board of directors, operation, etc. |
| Accounting information transparency | Proper statement of the matters relating to the procedure which is enforced to make sure transparency of accounting information |
| Investment risk | Proper statement of the matters regarding to the investment risks (business, corporation, etc.) |
| Others | Other matters inappropriate for listing |