In today’s briefing:
- Catalyst for Value-Creating Management Isn’t the Revision of Corporate Governance Code, but Rather..

Catalyst for Value-Creating Management Isn’t the Revision of Corporate Governance Code, but Rather..
- Financial Services Agency is planning to revise the Corporate Governance Code because corporate governance reforms aimed at achieving sustainable growth and medium- to long-term corporate value have not been achieved.
- The essence of the problem is that many managers have little interest in the goal of expanding shareholder profits, which is the purpose of a listed company.
- When shareholders hold management accountable for continuing measures that do not raise stock prices or increase corporate value, it becomes catalyst for a return to shareholder-oriented management.
