「50 corporate governance experts representing 16 countries and five continents gathered at Schloss Leopoldskron on October 1-3, 2015 for the session on Corporate Governance in the Global Economy: The Changing Role of Directors, which marked the inaugural meeting of the Salzburg Global Forum on Corporate Governance.
Month: February 2016
Council : ”Prioritize reinforcing governance of public pension fund management”
”To manage a massive amount of funds safely and efficiently, it is vital to build an effective organization and system suited to carrying out the task.
A council of the Health, Labor and Welfare Ministry has proposed that the current ban on direct stock investment by the Government Pension Investment Fund (GPIF) remain in place, at least for the time being.
Council of Experts Publication: “Corporate Boards Seeking Sustainable Corporate Growth and Increased Corporate Value over the Mid-to Long-Term”.
”The Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code has published “Publication of “Corporate Boards Seeking Sustainable Corporate Growth and Increased Corporate Value over the Mid- to Long-Term……..”
Forbes: ”Will BoJ Write-Off Japan’s Debt? The Nikkei, JGBs, And The Failure Of Abenomics”
Governor of the Bank of Japan (BoJ) Haruhiko Kuroda explains his negative interest rate plan
”The skiing season would have been a great time to have been on the slopes in Japan—and out of the market.
A ski-lift ride up to the level of the Nikkei 225 average intraday high of 19,967 yen on December 3 would have been followed by a thrilling (or agonizing) almost uninterrupted slide to its 52 week low of 14,952 yen set on February 12.
The Challenge of Globalization – Comparing Korean and Japanese Global Human Resource Management (Podcast)
DIJ Deutsches Institut für Japanstudien
This it to those who were not able to attend the lecture that was recently held last Thursday 18th February 2016 by Martin Hemmert and Hitoshi Yamanishi
”Japan and South Korea are home to numerous multinational firms, particularly in highly globalized manufacturing industries such as automobiles and electronics. Both countries also have distinct business cultures and management systems which arguably lend strong competitiveness to their leading multinationals. However, the business activities of Japanese and Korean firms are increasingly being transferred to overseas locations, resulting in the need to attract, nurture and retain talent from all over the world. How can firms with strong national roots manage their global human resources competently without giving up their home-grown competitive strengths? How can they effectively integrate managers who neither know the business cultures nor the languages of their firms’ home countries? …….”
Bloomberg: ”BlackRock Is Betting on Japan Stocks as Other Foreigners Flee”
”As foreign investors flee Tokyo stocks, the world’s largest asset manager says the move by the Bank of Japan that spooked the market will be one of the main things that pushes it back up.
High 50: ”Women in work series. Why we need more 50-something women on company boards”
Ian Wright, founder of NonExecutiveDirectors.com, urges women to have the confidence to go for board-level positions, because diversity improves how effective a business is.
NPR: ”Confronting Homogeneity In Apple’s Boardroom”
Apple CEO Tim Cook speaks during an event at Apple’s headquarters in Cupertino, California.
”Apple shareholders will be voting on a proposal at the annual meeting Feb. 26. It’s a proposal that the company opposes, which calls for the tech leader to increase diversity in its senior management.
The Economist – “Sharp elbows”
“….An all-Japanese deal for Sharp would be awkward for Shinzo Abe, the prime minister, given his flagship policy of seeking to revive the economy via reforms. One element of his programme is to attract more foreign investment. Mr Abe’s advisers may even have had a say in Sharp’s abrupt change in attitude to Foxconn.
Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code – Fourth Meeting
These are the minutes of the meeting held on December 22, 2015 . The materials that were distributed at the meeting can be downloaded at the bottom of this entry.
[Ikeo, Chairman] “Although it’s a few minutes earlier than the scheduled opening time, as all the prospective attendees are here, I’d like to open the fourth Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code. Thank you very much for taking the time from your busy schedule.