Dunamu counts executives’ $56.2M dividends as social value: report

Dunamu included dividends paid to Chairman Song Chi-hyung and Vice Chairman Kim Hyeong-nyeon, its top two shareholders and executives, in its measure of “social value,” NewsPim reported in an exclusive. According to the report, the company counted 500.25 billion won in economic contributions, including 200 billion won in shareholder dividends. Of that total, 78.5 billion won ($56.2 million) went to Song and Kim alone. The report said the disclosure has drawn criticism over whether executives’ private gains should be treated as part of a company’s social contribution, while Dunamu said it had applied a standard calculation method. Dunamu said yesterday in its social contribution report, “2026 Impact Report,” that the total economic, social, and environmental value it created last year was measured at 654 billion won.