In today’s briefing:
- Isn’t It Hypocritical to Request a P/B Raising Measure While Continuing the Listed Subsidiary IPO?
Isn’t It Hypocritical to Request a P/B Raising Measure While Continuing the Listed Subsidiary IPO?
- Since the introduction of the Corporate Governance Code, the hurdle for listed companies to fulfill their responsibilities has become higher, which is why more managers are choosing to go private.
- While some of companies with large market capitalizations that overseas investor engagement extends to are showing promise for change, many others are failing to step up management to create value.
- TOPIX’s rise has been mainly driven by an increase in the number of companies rather than an increase in stock prices. The market should become higher in quality through de-listing.