In today’s briefing:
- How Much Progress Has Been Made in Understanding the Concept of Shareholder Capitalism Since 1990s?
How Much Progress Has Been Made in Understanding the Concept of Shareholder Capitalism Since 1990s?
- Looking back at the genesis of the scandals that are still recurring, the cause has always been lack of awareness of legal compliance. When cross-shareholdings were prevalent, shareholders were underestimated.
- How widespread has the understanding of the concept of shareholder capitalism, including the cost of capital, become? The starting point is that management must comply with legal compliance.
- The problem is that the statutory auditors had the authority to function even though independent directors didn’t exist. Diversity is important to create a board of directors that can dissent.
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