In today’s briefing:
- What Happens to the Effectiveness of TSE Requests when They Become Effort Obligations?
What Happens to the Effectiveness of TSE Requests when They Become Effort Obligations?
- Code of Corporate Conduct lacks explanation of the role to be played by a listed company and the background. Consequently, there’re cases where the same companies have repeatedly committed misconduct.
- For companies that are good at pretending that they are trying, without any substance to their corporate governance, making the provisions of Corporate Governance Code mandatory effort won’t be effective.
- TSE’s request seems to be an effort obligation. It is good that the substance of the company’s improvement plan, which only made an effort to improve, will be improved.
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