Daily BriefsESG

Daily Brief ESG: Focus on How Practices Improve for Value Creation and more

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

By Aki Matsumoto

  • 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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