A certified "public interest" nonprofit
On May 12th, BDTI held its English Director Boot Camp , attended by a number of highly experienced participants. Participants from various companies heard lectures about corporate governance by Nicholas Benes and Andrew Silberman of AMT, and exchanged experiences and opinions at a spacious, comfortable room kindly donated for our use by Cosmo Public Relations, a leading communications and PR firm in Tokyo.
We are planning to hold the next course on July 14th. Sign up early!
Below is BDTI’s recent report to its Sustaining Donors , who are listed here and described in Note 1 below. BDTI is now raising funds for FY2016, so if you are interested to support the cause of injecting deep understanding and substance into Japan’s recent governance reforms, please consider making a donation.
Recognizing that the incentive for long-term investment is broken, leading institutional investors are developing a paradigm that prioritizes sustainable value over short-termism, integrates long-term corporate strategy with substantive corporate governance and requires transparency as to director involvement. We believe that the new paradigm can reduce or even eliminate the outsourcing of corporate governance and portfolio […]
“First-hand details of the global pay to play kickback scheme at Olympus were brought to the government’s attention by the company’s former corporate compliance officer. John Slowik filed a federal lawsuit in New Jersey under the qui tam or whistleblower provisions of the False Claim Act and similar state laws. Lawyers at the Kenney McCafferty law firm represented the whistleblower.
“The authors of Connect: How Companies Succeed by Engaging Radically with Society explain why organizations must look beyond corporate-social-responsibility initiatives to truly engage with consumers and communities.
Antibusiness sentiment is nothing new. Yet mending the rift between big business and society isn’t merely a worthy goal—it may represent a new frontier of competitive advantage, profitability, and longevity for today’s organizations. In Connect: How companies succeed by engaging radically with society (PublicAffairs, March 2016), L1 Energy chairman and former BP chief executive officer John Browne, McKinsey’s Robin Nuttall, and entrepreneur Tommy Stadlen offer a practical blueprint for reconciling companies and communities.
Now at 127 million, Japan’s population is forecast to fall to about 83 million by 2100
”Japan’s population has fallen by nearly 1 million in the past five years, in the first decline since the census began in 1920. This is bad news for the country’sshrinking economy, which is unable to depend on an expanding labour force to drive growth.
”Shinzo Abe and Haruhiko Kuroda shouldn’t look to spring wage talks for much help in spurring inflation and economic growth in Japan.
If anything, the picture emerging from the negotiations between some of Japan’s biggest companies and their unions is one of stagnation and slim raises. And the talks, most of which conclude next month, are taking place as a strengthening yen risks pushing down the earnings growth — and stock prices — of Japanese exporters.
The FSA published the Policy Approaches to Strengthen Cyber Security in the Financial Sector (Summary) in English. See Publication using link below.
Video
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)
Image: Cylance
Operation Dust Storm has migrated to exclusively seek out organizations involved in Japanese critical infrastructure and resources, says security firm.
