In today’s briefing:
- Will This Revision to the Corporate Governance Code Be the Third Time’s the Charm?
Will This Revision to the Corporate Governance Code Be the Third Time’s the Charm?
- There is certainly concern that, even with this revision, many companies cannot escape the process of simply checking off items to be achieved in accordance with the guidelines for interpretation.
- Even with this latest revision to corporate governance, there is no significant difference from the approach in which regulators have been dictating even the minutest details.
- A lack of understanding of fiduciary duties is a factor contributing to poor profitability among Japanese companies. Has this revision to the Code managed to breathe life into the framework?
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