In today’s briefing:
- Focus on How Practices Improve for Value Creation, Not Whether Improved Practices Helps Create Value
Focus on How Practices Improve for Value Creation, Not Whether Improved Practices Helps Create Value
- This third revision of the Corporate Governance Code aims to enhance the effectiveness of the Code’s provisions while building on the momentum of previous revisions.
- FSA and TSE aim to return to the original model, in which managers themselves take the initiative in decision-making. However, few companies improved corporate governance practices through managers’ own initiative.
- In the area of corporate governance as well, listed companies should be held accountable for how they have improved their corporate governance practices to achieve their goals.
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