In today’s briefing:
- Revision of the Corporate Governance Code Requires Substantive Discussion, Not Individual Issues
Revision of the Corporate Governance Code Requires Substantive Discussion, Not Individual Issues
- Companies were occupied with meeting the raised standards, and there was little substantive discussion of how corporate governance should be implemented to achieve the corporation’s goal of maximizing shareholder interests.
- A few companies have made steady progress, but we cannot expect corporate governance initiatives to go further than they are now if left to the efforts of well-intentioned companies.
- Unless the benchmark is changed from TOPIX to another index with a smaller number of components, it will be nearly impossible to find a satisfactory engagement for a passive fund.
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