Daily BriefsESG

Daily Brief ESG: The Stage of Maintaining Appearance by Ensuring Attendance of Independent Directors Has Ended and more

In today’s briefing:

  • The Stage of Maintaining Appearance by Ensuring Attendance of Independent Directors Has Ended


The Stage of Maintaining Appearance by Ensuring Attendance of Independent Directors Has Ended

By Aki Matsumoto

  • Although the ratio of independent directors has increased over the past 10 years, the reality is that many people believe that corporate governance has not improved in substance.
  • In order to ensure diversity on the board of directors (as a measure for director appointment proposals), there is a growing trend for companies to hire a third independent director.
  • The role of independent directors is becoming increasingly important. In this context, focus is also being placed on independent directors who hold concurrent positions as executives at other companies.

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