Daily BriefsESG

Daily Brief ESG: Isn’t It Hypocritical to Request a P/B Raising Measure While Continuing the Listed Subsidiary IPO? and more

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?

By Aki Matsumoto

  • 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.

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