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Research Article

What Do ESG Scores Reflect? Disclosure, Risk, and Institutional Ownership in Korean Listed Firms

Seo Y. Choi1 · SangWhi Lee2

1 National Pension Research Institute, 2 Kyung Hee University

Published: October 2026 · Vol. 55 No. 5 · pp. 2129-2149

DOI: https://doi.org/10.17287/kmr.2026.55.5.2129

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