Capital Markets & IT -lakyara vol.284 Corporate IR
Proposed Revision of Japan's CG Code:continuous discussion for effectiveness of governance reforms
Japan’s Corporate Governance Code is in the process of being revised for the first time in its three years of existence. The current Code is said that many companies’ compliance is still a mere formality and the Code’s directives are not driving improvement in governance. The Code will likely need to be periodically revised on an ongoing basis to effectivelybroaden compliance to smaller companies and other still-noncompliant companies.
Nov. 18, 2019