In the Margins

Japanese companies adopt American-style governance

April 20, 2016

By JapanToday

Corporate boards in Japan historically have been made up almost exclusively of corporate insiders, with no independent directors, no diversity, and no real adherence to accepted governance practices. These days foreign investors—which own more than 30% of Japanese company shares—are unrelenting in their pressure for Japanese companies to adopt American-style governance. New governance codes have been written, and Japanese stock exchanges are pushing for their implementation. Read the original story from JapanToday.