Japanese executives should look at the introduction of new U.S.-modeled rules on corporate governance as an opportunity to increase the value of their companies, rather than fret over the negative costs of compliance, an American accounting professor told a recent symposium in Tokyo.
Another expert said that some adjustments in the U.S. economy will be unavoidable in coming years, urging Japan to rely more on its consumers — instead of export demand — to propel the nation's growth.
These were among the various suggestions offered by U.S. business school educators during a June 8 symposium in Tokyo, organized by Keizai Koho Center under the theme "Perspectives on management in a global context."