
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.
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.
Hedge funds, go home: Japan is closing the door
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
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
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
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 ...