In today’s briefing:
- Management Strategy Before Starting a Constructive Dialogue with Investors

Management Strategy Before Starting a Constructive Dialogue with Investors
- It is expected that there will be cases where investors and companies will have different views on “what constitutes constructive dialogue,” which will be added to the revised Stewardship Code.
- This revision would be unfortunate if it is used only to secure affirmative votes for company agendas and to seek a compromise on shareholder proposals.
- Before starting constructive dialogue with investors, a company must have business strategy that is “conducive to sustainable growth” or engagement will be waste of time and will not help management.