Steady progress is indeed being made as a result of the efforts being made to improve corporate governance in Japan now that remarkable changes are observed.
“Japan is the land of the rising sun, but as far as corporate governance is concerned, it has been more a land of false dawns over the past 15 years or so. However, some significant changes are beginning to take effect and we may at last be seeing the rise of strong Japanese corporate governance.
Although Japan has suffered from persistent deflation and other long-running economic problems, captured by the moniker ‘the lost decades’ (relating to the two decades between 1991 and 2010), it continues to have many positive attractions for domestic and international investors…………..”.
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