In today’s briefing:
- Companies Still Prioritize Compliance with the TSE over Consideration for Shareholders Interest

Companies Still Prioritize Compliance with the TSE over Consideration for Shareholders Interest
- Given the fact that disclosure alone failed to raise stock valuations over three years, it can be assumed that many companies still prioritize compliance with TSE over consideration for shareholders.
- Many companies have only recently begun incorporating capital allocation, cost of capital, and capital profitability into disclosures, so it’ll take a little while longer for the results to become apparent.
- Without serious showdown with investors driven by exercising voting rights, it’s doubtful whether genuine management reform can be achieved. Without a sense of urgency in management, change will not occur.
