In today’s briefing:
- The Issue of Board Diversity Is Being Asked Anew
The Issue of Board Diversity Is Being Asked Anew
- The adoption of female directors is growing as Japanese investment managers follow the movement among overseas investment managers to oppose proposals for election of directors for companies without female directors.
- In Japanese companies, where peer pressure is strong, it is doubtful that the opinions of about 10% female directors can be fully reflected in the discussions and conclusions.
- Non-Japanese directors who don’t succumb to Japan’s culture of peer pressure is even smaller, and Japanese companies will be at risk if they determine management strategy without diverse values.
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