Stock bonuses triple at Korea’s top companies

Stock-based compensation at Korea’s top listed companies more than tripled year-on-year in the first five months of the year, driven largely by major chipmakers and the growing use of restricted stock units, a report showed Wednesday.

Executives and employees at Korea’s 100 largest companies by market capitalization received a combined 2.3 trillion won ($1.5 billion) in stock-based compensation between January and May, according to corporate tracker CEO Score.

The amount was 3.3 times higher tha ...