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Republican lawmakers hit by boardroom backlash for bid to undo U.S. election

World / Politics Jan 13, 2021

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

Business Jan 6, 2021

Tokyo bourse sets out sustainable investing pathway

by Yuka Nakao

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

Business / Corporate | FOCUS Nov 20, 2020

South Korea set to crack down on conglomerates with corporate reform steps

by Sam Kim

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

Business | ANALYSIS Sep 14, 2020

Abenomics improved Japan's corporate governance, but more work remains

by Kazuaki Nagata

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

Business / Economy Sep 8, 2020

Hedge funds say no turning back on Abe’s Japan reforms

by Lisa Du, Ming Jeong Lee, Takashi Nakamichi and Takako Taniguchi

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

Business / Corporate Aug 17, 2020

Major Toshiba stakeholder 3D Investment demands probe into annual shareholder vote

by Makiko Yamazaki

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

Business / Corporate Jun 26, 2020

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

Business / Financial Markets Jun 22, 2020

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.

Hedge funds, go home: Japan is closing the door

Commentary / Japan | Commentary May 17, 2020

Hedge funds, go home: Japan is closing the door

by Anjani Trivedi

Japan is casting an even wider protectionist net to shield its big companies. It has less to do with defending against unsolicited overtures into strategic assets than with squeezing out troublesome foreign investors.

China corporate governance in doubt after two accounting scandals in week

Business / Corporate Apr 9, 2020

China corporate governance in doubt after two accounting scandals in week

China’s second accounting scandal in less than a week is underscoring concern over lax corporate governance at some of its fastest-growing companies. TAL Education Group, a tutoring business whose success turned founder Zhang Bangxin into one of China’s richest people, delivered the latest bombshell on ...

Kepco vows to clean up its act after Takahama nuclear bribery scandal

Business / Corporate Mar 30, 2020

Kepco vows to clean up its act after Takahama nuclear bribery scandal

Kansai Electric Power Co. on Monday pledged to improve its corporate governance after the former deputy mayor of a town that hosts one of its nuclear plants was found to have bribed company executives for decades. In a plan submitted to the Ministry of Economy, ...

'The Salaryman' review: Spilling the secrets of Japan's everyman

Books / Reviews | RECENTLY PUBLISHED BOOKS ABOUT JAPAN Mar 28, 2020

'The Salaryman' review: Spilling the secrets of Japan's everyman

by Kris Kosaka

Alongside its humor, Michael Howard's recent memoir, "The Salaryman," provides an insightful look at Japan's corporate workforce. In 2008, Howard was a 32-year-old product manager at a small LA software startup who suddenly landed a high-paying job with a Japanese corporation of over ...

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