“지배주주만 웃는 저가 매수” 얼라인, 넷마블 독단적 지분 확대 비판

Activist investor Align Partners is challenging Netmarble's capital decisions, exposing critical governance weaknesses where controlling shareholders prioritize ownership consolidation over shareholder returns. This case demonstrates how inadequate checks on majority shareholder power can systematically erode minority investor value and highlights growing pressure for governance reforms like independent board directors and cumulative voting rights.