In today’s briefing:
- Can Companies Barely Meet Independent Director Requirement and Shy Away from Diversity Create Value?
Can Companies Barely Meet Independent Director Requirement and Shy Away from Diversity Create Value?
- The number of companies that meet the requirement has increased since the listing criteria for prime market specified specific numbers. However, the majority of companies have managed to meet 30%.
- It’s clear that once the numerical criteria for board diversity as well as ％ independent directors were specified, it would have gone all the way. But this couldn’t be done.
- It is concerned that Japanese companies may be distancing themselves from the need to listen to a wide range of opinions and create new value.
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