Daily BriefsESG

Daily Brief ESG: The Bigger Issue than the Lack of Higher Compensation for Outside Board Directors Is… and more

In today’s briefing:

  • The Bigger Issue than the Lack of Higher Compensation for Outside Board Directors Is…


The Bigger Issue than the Lack of Higher Compensation for Outside Board Directors Is…

By Aki Matsumoto

  • It’s not desirable for shareholders to have outside directors who are comfortable and remain in office for a long period of time while they are expected to fulfill their duties.
  • The high demand for outside directors of the same senior generation as inside directors has led to a situation in which senior outside directors hold positions at several companies.
  • There are few competent young talents to take on the job of outside director among the senior, all-male, internal board directors who are under strong peer pressure.

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