Companies listed on stock exchanges along with their subsidiaries have come under closer scrutiny by investors due to continuing concerns over corporate governance.
Such listings serve a dual purpose for parent companies, as they can maintain their influence over subsidiaries and at the same time generate profits from the sale of some of their shareholdings in the units. But investors have questioned the independence of such listed subsidiaries.
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.