Daily BriefsESG

Daily Brief ESG: It Is Essential for Investors to Keep Raising Their Voices to Improve Corporate Governance and more

In today’s briefing:

  • It Is Essential for Investors to Keep Raising Their Voices to Improve Corporate Governance


It Is Essential for Investors to Keep Raising Their Voices to Improve Corporate Governance

By Aki Matsumoto

  • More companies have appointed outside directors as board chairpersons, driven by investor demands. For corporate governance to improve, it’s essential that investors continue speaking out, demanding management that creates value.
  • Corporate Governance Code called for appointing outside directors to strengthen supervisory function of BODs, driven by concerns that a board composed solely of internal executive directors couldn’t effectively address challenges.
  • If corporate governance has become a mere formality, it is the company itself that has driven this trend, so the company has no choice but to change its previous course.

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