Daily BriefsESG

Daily Brief ESG: Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors? and more

In today’s briefing:

  • Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors?


Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors?

By Aki Matsumoto

  • With about 40% of companies having a P/B of less than 1x, the problem is that many disclosures do not understand management to create value and increase the stock price.
  • It’s difficult for investors’ voices to reach small cap companies and companies with still high defensive walls of cross-held shares, which are not easily targeted for investment by institutional investors.
  • Independent directors should be appointed with skillset to participate in developing management plans and scrutinize them for reasonableness and whether the projected corporate value is gapped from that of investors.

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