SEOUL – Global investors are watching if South Korea can make company boards more accountable to stockholders. Shares in the country tend to trade at lower valuations than their peers overseas, with analysts saying poor corporate governance is one factor behind what is known as the “Korea Discount.” President Yoon Suk Yeol has made fixing it a priority as he seeks to win favour with a growing base of retail investors. He is not the first leader to try, and he will need to overcome powerful business interests that have benefited from the status quo.