In today’s briefing:
- Will the Legal Reform of Substantial Shareholder Disclosure Change the Voting Practices?
Will the Legal Reform of Substantial Shareholder Disclosure Change the Voting Practices?
- Following promotion of collaborative engagement, which was demanded by investors, the law will now be amended to allow companies to request disclosure of beneficial shareholders, which was requested by companies.
- This is due to the fact that the company is wary of overseas investors as the cross-shareholding structure begins to crumble and the foreign ownership remains at a high level.
- Under the guise of “to activate engagement,” it is expected that SR activities will become more active in order to address proxy voting.
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