Tag - corporate-governance

 
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May 03, 2024
 

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CORPORATE GOVERNANCE

Workers at a garment factory in the Hlaing Tar Yar industry zone in Yangon, Myanmar, in 2010. Fast fashion retailer H&M says it is following up on 20 alleged instances of labor abuse at Myanmar garment factories.
BUSINESS / Companies
Aug 16, 2023
H&M probes Myanmar factory abuses as pressure intensifies
The move comes after top rival Zara owner Inditex said it is phasing out purchases from the Southeast Asian country.
Florida's Gov. Ron DeSantis and Sen. Marco Rubio launch the 'Keep Florida Free' tour on primary night. In May, DeSantis signed a sweeping anti-ESG bill he says targets the "woke” bias of the finance industry.
BUSINESS / Economy
Aug 15, 2023
Even as the term is 'weaponized,' bankers still pay heed to ESG
About two-thirds of survey respondents said the anti-ESG movement will force firms to stop using those three letters in conversations with clients.
Naomi Koshi, CEO of OnBoard K.K., says pressure from foreign investors is pushing Japanese companies to seek out more female board members.
BUSINESS / Companies
Aug 8, 2023
Foreign investor pressure spurs Japanese boards to appoint women
The scramble came after institutional investors set rules to vote against firms with few or no female board members.
The Financial Services Agency's headquarters in Tokyo. The agency is expected to order four major insurers to submit records of contracts for which they allegedly arranged premium levels to avoid competition.
BUSINESS
Aug 3, 2023
Japan insurers suspected of price-fixing for corporate contracts
Dozens of suspected price-fixing cases surfaced after employees were asked to report suspected antitrust business activities.
Transport ministry officials leave a Bigmotor dealership in Nagoya on Friday after conducting on-site inspections.
BUSINESS / Companies
Jul 31, 2023
Bigmotor suspected of fabricating insurance contracts
The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
Japan Times
BUSINESS
Jul 12, 2023
Canada probes Nike and Dynasty Gold over alleged use of forced labor in China
The investigations were launched after an initial assessment of complaints about the overseas operations of 13 Canadian companies filed by a coalition of 28 civil society organizations.
Japan Times
BUSINESS
Jun 30, 2023
Top auto executives in Japan are paid a lot, but not as much as their U.S. counterparts
Japan boasts some of the world’s biggest carmakers, but pay packages for their executives pale in comparison to industry leaders in the United States.
Japan Times
BUSINESS / Companies
Jun 29, 2023
Toshiba shareholders re-elect board members promoting buyout plan
Some investors have criticized the buyout offer as being 'too cheap.'
Japan Times
BUSINESS / Companies
Jun 29, 2023
Shareholder demands prompt Japan firms to seek investor relations talent
Under growing scrutiny, companies are turning to investment funds, banks and other financial firms to find people who can better communicate corporate strategy and capital allocation.
Japan Times
BUSINESS
Jun 28, 2023
Japan's mega-bank CEOs paid less than global peers despite near-record profits
Japanese companies have traditionally seen compensation as a reward for rising successfully through the ranks, while paychecks elsewhere tend to reflect performance.
Japan Times
BUSINESS / Companies
Jun 27, 2023
Nissan board gains shareholder backing, but must tackle surveillance claims
Recent turmoil recalls the turbulent period that led up to and followed the ouster of former head Carlos Ghosn.
Japan Times
MORE SPORTS / Boxing
Jun 25, 2023
Asian countries aim to quit International Boxing Association
The group's board of directors met in Bangkok last week after the IOC expelled the IBA over a failure to complete reforms on governance, finance and ethical issues.
Japan Times
BUSINESS / Companies
Jun 22, 2023
Cosmo Energy wins investor approval for 'poison pill' against activist
The approval marks the second such vote on a poison pill in Japan that excludes an investor, in a practice some governance experts say could deter shareholder activism.
Japan Times
BUSINESS / Companies
Jun 22, 2023
Nearly 70% of Japan firms expect more activist proposals, poll shows
More than 340 shareholder resolutions have been submitted to about 90 listed companies for voting at annual shareholders meetings in June, when most Japanese firms hold such meetings.
Japan Times
COMMENTARY / Japan
Jun 21, 2023
The Carlos Ghosn show has a bizarre sequel
A provocative lawsuit brought by Carlos Ghosn, the fugitive architect of the Renault-Nissan alliance, makes it harder for the French and Japanese carmakers to move on.
Japan Times
BUSINESS
Jun 21, 2023
Jack Ma’s lieutenants return to oversee tough Alibaba reboot
Alibaba surprised markets by declaring Eddie Wu and Joseph Tsai will replace eight-year veteran CEO Daniel Zhang at the helm.
Japan Times
COMMENTARY / World
Jun 20, 2023
CEOs should focus on profits, not politics
Target proves yet again that companies are better off avoiding the minefield of social activism.
Japan Times
BUSINESS
Jun 17, 2023
Shell challenged on climate goals after fossil fuel investment boost
High profile investors, including the U.K.'s top asset manager, are pushing the oil giant to divest from assets that are thwarting emissions targets.
Japan Times
BUSINESS / FOCUS
Jun 16, 2023
Shareholder ire takes shine off stock rally for Toyota chairman
Akio Toyoda’s reappointment to the board this week with 85% of voted shares marked a decline from 96% last year and the lowest on record for him since 2013.
Japan Times
BUSINESS / Companies
Jun 14, 2023
Toyota shares surge most since 2020 after investors reappoint chairman
A resolution calling for greater disclosure on climate lobbying was put forward by a trio of European asset managers, but failed to find support among shareholders.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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