In today’s briefing:
- Nominating Committee Is Becoming More Active in a Few Companies, but No Sign yet of Spreading to All
Nominating Committee Is Becoming More Active in a Few Companies, but No Sign yet of Spreading to All
- Even the companies with US type 3 committees, which is expected to have higher awareness of corporate governance, there’re differences in the status of nominating committee activities among the companies.
- While doubts about whether the nominating committee is fulfilling its function have not been dispelled, there have been cases of low approval rates for proposals for the election of directors.
- Since discussions in voluntary nominating committees are only advisory, more companies are expected to move to Company with US type 3 Committees, which have statutory nominating committees.
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