In today’s briefing:
- How Far Has Corporate Governance Progressed in 2021? (1) ~ Board Practices Section
How Far Has Corporate Governance Progressed in 2021? (1) ~ Board Practices Section
- The revised Corporate Governance Code and the inclusion of prime market listing criteria have resulted in significant improvements in % of independent directors and in the practices of Nominating/Compensation Committee.
- Meanwhile, the chairmanship of the board of directors and the ratio of female directors, for which the Code didn’t specify improvements or provide numerical target, are improving at modest pace.
- There is the issue of whether the board/committees require independent directors to function fully independently, and the % of female directors indicates the seriousness of improving management and governance.
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