ACGA / CLSA Release “CG Watch 2014”, Upgrades Japan to 3rd in Asia, Stresses Importance of Japan’s CG Code and Director Training

The Asian Corporate Governance Association and CLSA have released their well-known review of corporate governance in Asia,CG Watch 2014. This year the reportupgraded Japan to 3rd place in Asia (from a tie for 4th). Hong Kong edged out Singapore for the top ranking. The chapter on Japan can be downloaded here:

New UK Corporate Governance Code Issued

(UK FRC –> ) The Financial Reporting Council (FRC) has issued today an updated version of the UK Corporate Governance Code (the Code). This significantly enhances the quality of information investors receive about the long-term health and strategy of listed companies, and raises the bar for risk management.

Interview: Japan’s Corporate Governance ‘Tipping Point’ (Interview of Nicholas Benes, in The Diplomat)

Japan’s tarnished image for corporate governance is undergoing a polish. From its declaration as a key “third arrow” reform for Abenomics, new company law reforms, the launch of a stewardship code for investors, and promised corporate governance code in 2015, the nation’s businesses have been put on notice to improve performance or face the consequences.