In today’s briefing:
- Time to Move Forward to Corporate Governance 2.0, Where the Substance Will Be Questioned
Time to Move Forward to Corporate Governance 2.0, Where the Substance Will Be Questioned
- Although Fujitec’s corporate governance framework has improved in places, the Statutory Auditor and Nominating Committee aren’t functioning, and the Board of Directors with a majority of independent directors isn’t functioning.
- METI survey shows that 20% of independent directors are friends of CEO, a glimpse of how companies expect independent outside directors to play a role in endorsing executive management policies.
- With several revisions of Corporate Governance Code, companies have ostensibly made steady progress in corporate governance efforts. However, whether this has been accompanied by substance varies from company to company.
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