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
- 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.