In today’s briefing:
- The Only Way to Know if a Company Are Improving in Real Terms Is if It Is Creating Value
The Only Way to Know if a Company Are Improving in Real Terms Is if It Is Creating Value
- In Japan, where there’s strong peer pressure, people are reluctant to do something before someone else does, and tend to follow the trend once the majority of formality is known.
- When numbers are specified and rules are established, Japanese companies tend to scramble to match the numbers. Thus, many companies have not voluntarily improved their board practices.
- There’re companies that only have good board practices but aren’t generating value .Therefore, we should focus on whether they are doing actions that create value in addition to board practices.
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