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Kozo Takahashi, the president of Sharp, on Thursday.
”TOKYO — For a few hours on Thursday, it looked as if Sharp, the ailing Japanese consumer electronics company, had secured a $5.5 billion takeover from Foxconn of Taiwan, the giant contract manufacturer that churns out products for Apple and other foreign brands.
Then things took a left turn.
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Nicholas Benes, The Board Director Training Institute of Japan’s representative director, discusses Foxconn’s decision to postpone signing a definitive agreement with Sharp. He speaks with Bloomberg’s Angie Lau on “First Up.” (Source: Bloomberg)
”Greetings. As President & CEO of Boyden global executive search, I shall take a liberty and put forth some of my personal views and thoughts. These are personal opinions, based on my own knowledge, experience and recent research. They do not reflect those of our organization.
Like sand dunes in the desert, Boards of Directors are blown this way and that by winds of change. The bursting of the dot com bubble and the scandals of ENRON and others led to Sarbox and all its unintended consequences. Worst of all, despite the costs and restrictions imposed on corporations by the legislature, Sarbox did not prevent the problems raised by the recent financial crisis.
Image: Cylance
Operation Dust Storm has migrated to exclusively seek out organizations involved in Japanese critical infrastructure and resources, says security firm.
”Sharp on Thursday became Japan’s first major electronics maker to be acquired by a foreign company.
”Around the world, the corporate governance landscape is shifting, as efforts to improve business practices and policies gain support and momentum. The wave of reform has become visible everywhere – from tough new regulations in Japan to sovereign wealth funds like Norway’s Norges Bank Investment Management taking a more active approach to their investments – and it is certain to continue to rise.
A UK perspective on corporate governance issues.
John McFarlane talks to Governance and Compliance about the misplaced value in bonus culture and why the board must be sceptical
Figure: 1 Gini before Taxes and Transfers (Market Income)
“In the last two years, Japan has embarked on an ambitious effort, the so-called Abenomics approach, to decisively get the economy out of deflation and revive growth. At the same time, policymakers and academics from all over the world are engaging in a global debate on inequality.
”As part of Abenomics’ third arrow of structural reform, Japan recently adopted a new corporate governance code. The new code focuses on making Japanese corporations more transparent, more responsive to shareholders — including minority shareholders — and subject to more effective oversight by boards of directors, especially outside directors. It seeks to make boards […]
