Japan's GPIF, forerunner on ESG investing, pulls back as trend catches on
Constrained by stricter legal restraints, the world's top pension fund has largely been quiet on impact investing since appointing a new chief investment officer in April 2020.
Fear and reprisals: How Nissan crushed its Ghosn probe whistleblower
The firm's former top lawyer says he endured retaliation, demotions and surveillance of his family after questioning the integrity of the investigation.
Activist Toshiba shareholders score win with vote for independent probe
The landmark vote for an investigation into allegations of investors being pressured marks only the fourth time that a shareholder motion has won approval in Japan.
Citi sets up team of ESG experts in Japan to capture more deals
The firm’s Japanese banking and brokerage arms selected 10 people in January to serve as specialists in environmental, social and governance factors.
Republican lawmakers hit by boardroom backlash for bid to undo U.S. election
The rapid retreat of financial support picked up critical mass over the weekend and on Monday.
Tokyo bourse sets out sustainable investing pathway
Tokyo Stock Exchange Inc. and its parent company have made available a handbook to assist listed firms identify, track and disclose their ethical credentials.
South Korea set to crack down on conglomerates with corporate reform steps
Critics say the dominance of chaebols, where key decisions often rest on a handful of large shareholders, hampers fair business practices and stifles competition.
Abenomics improved Japan's corporate governance, but more work remains
While the framework prodded companies to strengthen corporate governance, many firms are still refraining from taking more proactive approaches.
Hedge funds say no turning back on Abe’s Japan reforms
Despite a change in leader later this month, it has been suggested that Japan Inc. will continue down its current path.
Major Toshiba stakeholder 3D Investment demands probe into annual shareholder vote
The incident is likely to raise fresh questions about the relationship between foreign investors, who make up 60 percent of Toshiba's shareholders, and the company.
Kepco slammed by shareholders over culture that led to gift scandal
The scandal could have been prevented if the firm had disclosed management information fairly, said a lawyer representing Osaka Municipal Government.
Japanese firms’ cash-hoarding now viewed as boon for dividends
The mountains of cash once criticized as lack of capital efficiency are now being touted as a reason to buy Japanese stocks as dividends decline elsewhere.
