Aug 13, 2014

Life insurers to show criteria for voting as shareholders

Major life insurers will release by the end of this month guidelines detailing how they will try to reflect their opinions at shareholders’ meetings for the companies in which they hold stakes, industry sources said Wednesday. The move is in line with recent guidelines ...

Jul 11, 2014

Outside directors alone won't help

More Japanese companies are appointing external directors to oversee their management after a number of scandals raised doubts about corporate governance in this country, but the question is whether "outside" directors are qualified and separate from insider interests.

Mizuho to heed frontline troops

Jul 5, 2014

Mizuho to heed frontline troops

Mizuho Financial Group Inc.’s newly chairwoman says she wants to be receptive to the opinions of those running its frontline operations to boost the lender’s oversight structure in the wake of last year’s yakuza loan scandal. Hiroko Ota, who got the shareholders’ nod to ...

Zombie firms pressured to act

Jun 6, 2014

Zombie firms pressured to act

by Atsushi Kodera

The government is targeting stagnant companies that lack the will to grow and has drafted a plan to help institutional investors pressure them into pursuing growth more aggressively. The Financial Services Agency’s Principles for Responsible Investors, better known as the Japanese version of Britain’s ...