Daily BriefsESG

Daily Brief ESG: CG Watch and more

In today’s briefing:

  • CG Watch, Which Made Great Strides Will Be Tested Next Time for Substantial Governance Improvements


CG Watch, Which Made Great Strides Will Be Tested Next Time for Substantial Governance Improvements

By Aki Matsumoto

  • Government ministries, agencies and the TSE want to raise the value of the Tokyo market, even if it means using the opinions of overseas investors, including activist investors.
  • Companies with high foreign ownership and large market capitalization are proactive in corporate governance efforts, while many other companies are passive, indicating that differences in efforts among companies are significant.
  • Thanks to the revision of the Corporate Governance Code, corporate governance practices have improved mainly in terms of formal criteria, and now substantive improvements are required.

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