カテゴリー: Uncategorized

ICGN submitted a response to the call for comments to improve the corporate governance of listed companies in Japan. This includes comment on independent directors, accounting fraud and audit committees, procedures for class actions, translation of disclosure documents and caution around special class ‘Model AA’ shares.

http://bit.ly/1XvPBae

The largest proxy advisory firm in the world, ISS, has issued its policy for proxy voting in Japan and other Asian countries for 2016.

http://www.issgovernance.com/file/policy/2016-asia-pacific-policy-updates.pdf

Overview  —  In recent years, a small but growing number of companies have held annual shareholder meetings exclusively online or provided for online participation. Some of the early-adopting companies that decided to switch to an annual shareholder meeting held exclusively in cyberspace (without a physical meeting of shareholders happening simultaneously) received objections from investors and negative publicity, and this topic continues to be debated in corporate governance circles.