If you want to know why many Japanese chief executive officers fall short as leaders, look no further than how they are paid.
That is the view of Atsushi Saito, who ended an eight-year stint as head of Japan Exchange Group Inc. in June. Japanese CEOs are underpaid, according to Saito. Not only that, most of their salary is fixed regardless of performance, and they will not make bold decisions for fear of missing out on cushy adviser roles after they retire, he says.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
PHOTO GALLERY (CLICK TO ENLARGE)
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.