Daily BriefsESG

Daily Brief ESG: Only Seriousness of Shareholder Return Can Judge Change in Management in 1 Year After TSE’s Request and more

In today’s briefing:

  • Only Seriousness of Shareholder Return Can Judge Change in Management in 1 Year After TSE’s Request


Only Seriousness of Shareholder Return Can Judge Change in Management in 1 Year After TSE’s Request

By Aki Matsumoto

  • Since companies with higher foreign ownership have better profitability and corporate governance practices, it can be inferred that the overseas investor engagement has improved the company’s profitability and corporate governance.
  • If the company’s management has changed to value-creating management through the overseas investor’s engagement, the company isn’t expected to change to value-creating management in just one year after “TSE’s request”.
  • Many companies that do not receive overseas investor engagement have more room for improvement in aspects of management strategy execution and will be evaluated over time for improvements in profitability.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars