In today’s briefing:
- Main Issue Is the Content Rather than the Progress in Complying with the Corporate Governance Code
Main Issue Is the Content Rather than the Progress in Complying with the Corporate Governance Code
- Only 12.1% of prime market listed companies have a majority of independent outside directors who can at least ensure the independence of the board of directors.
- On the nominating/compensation committees, 1/3 of companies are chaired by an inside director. Few committees have clear policies for selecting directors/CEO, and aren involved in determining compensation of individual directors.
- More companies are complying with regard to sustainability. However, it is necessary to analyze whether the target is an acceptable time frame and whether the target value is too low.
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