In the article below, Professor Hideaki Miyajima, a faculty fellow at the Research Institute of Economy, Trade and Industry ( REITI) reviews the characteristics of ownership structures in Japanese companies and examines what conditions are necessary to ensure the effective operation of the corporate governance code that has been in place for a year now.
He explains how institutional investors will increasingly play a key role in dissolving cross-sharing arrangements and increasing shareholder influence.
Read full article here.
Source: Research Institute of Economy Trade and Industry
The Board Director Training Institute (BDTI) is a “public interest” nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.
Is it not time for the Abe administration to take the second step they discussed after 2 years? To make what was voluntary and make it mandatory.