The Representative Director of BDTI has recommended in a letterto Minister Ikko Nakatsukathat the Japanese government adopt rules with respect to the training of board members or the disclosure of company policy about such training.
Month: November 2012
TSE Advisory Group Report in 2009: “For Creating Better Market Environment Where Investors Feel Secure”
It is interesting to read this in retrospect. Some aspects made progress, and others made little or no progress. But even in 2009, it bothered no one at allthat in order to help investorsfeel secure,director trainingwas not considereda significant enough matter to evennecessitate encouragement by the TSE, and that independent or even outside directors were not even considered as a topic.
Global CG Forum & IFC Report: “Corporate Governance and Development—An Update”
(Foreword) This updated Focus seeks to explain the links between economic development and corporate governance, based on experiences in many countries, sectors, and business organizations (from state-owned enterprises to publicly listed companies). It draws on new evidence that has become available since the Focus 1: Corporate Governance and Development was published in 2003.
Sodali Memo – “Rethinking the Annual Meeting”
In previous years, Sodali’s Memo has been successful in bringing to the attention of practitioners concepts such as the convergence of Corporate Governance and Investor Relations, the role of the Board in communicating with shareholders and the rise of the so-called “value activism”.
GMI Blog “A Boom in the “G” of “ESG””
The following summary appeared as part of Governance Metrics International’s GMI Blog. GMI is the leading independent provider of global corporate governance and ESG ratings and research. Corporate stakeholders – including leading investors, insurers, auditors, regulators and others – use GovernanceMetrics services to identify and monitor risks related to non-financial measures covering key environmental, social, governance and accounting risk factors.
MOFO: Client Alert on FCPA Guidance
At long last, the United States Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) released their guidance on Foreign Corrupt Practices Act (“FCPA”) compliance and enforcement issues.
DOJ and SEC Publish FCPA Guidance (Shearman & Sterling Summary)
(From Shearman & Sterling) – Attached please find Shearman & Sterling’s latest client publication, summarizing the long-awaited guidance on the U.S. Foreign Corrupt Practices Act (FCPA) published this week by the U.S. Department of Justice and the Securities and Exchange Commission.
“Japan Investing Summit 2012” – Online Conference, Long List of Experts
John and Oliver Mihaljevic have put together the following highly useful online conference.Alongside a number of well-known investment experts and famous fund managers, BDTI's Nicholas Benes made a presentation on Assessing Leadership and Governance at Japanese Companies.You canregister at the link below and get access to everything:
“Shareholder Activism: A Thoughtful Approach for Effective Engagement” – (Douglas Park)
(Written by Douglas Y. Park, Partner, Rimon, PC) – Shareholder activism has long carried a negative connotation among board members. The shareholder activist is too often seen as the gadfly shouting during the annual shareholders meeting, or the extremist group calling for divestment from certain countries.
“Corporate Governance and Social Media: A Brave New World for Board Directors”
Report by Santiago Chaher and James David Spellman, sponsored by the IFC and the Global Corporate Governance Forum – What should board members know about social media as it relates to a company’s ability to do business and safeguard its image? And what is the board’s role in helping a company make the best use of social media—and defending against its misuse? Two corporate governance practitioners provide insights on the power of new social technologies to shape boards’ decisions and bolster stakeholders’ influence.