Discussion Forum

Glass Lewis Issues Proxy Voting "Policy Guidelines" for Japan,...in Japanese

Show my name as: 
Handle

Glass Lewis has issued is policy guidelines for 2016 for the Japanese market, in both English and Japanese.  It is a statement of the times that Glass Lewis made a Japanese translation this year, as they have not done that in previous years. Against the backdrop of recent reform, the policy guidelines may be seen as a bit meek for case of kansayaku-style companies, although some of the provisions clearly reflect the fact that a Corporate Governance Code is now in effect. 

Copyright: 
No

3/3 BDTI Seminar: “Global Trends in Antitrust Enforcement: What the Future Holds”

Show my name as: 
Handle

Japan’s Antimonopoly Act (the AMA) was recently amended so as to adopt a wider and deeper scope for the surcharge system, a leniency program, and the authority to investigate criminal cases as measures to strengthen enforcement.

Copyright: 
Yes

”Proposals for Raising Productivity in Japan" (by Nicholas Benes)

Show my name as: 
Handle

Proposals for Raising Productivity

This is an English translation of a presentation in Japanese that I have given recently to several influential members of the government.

The opinions are my own.
 

Copyright: 
No

PB Analytics - Japanese Boards, Composition at FYE

Show my name as: 
Handle

Excerpt:   "As of the last full year end for the 3,678 companies in the PacificData database, there were 4,267 Independent Directors or 10.6% of the total number of Directors. The total number of female Directors was just 966 or 2.4% of the total – well below even the 9.5% ratio of female members of Japan’s House of Representatives.

Copyright: 
No

Governance Code Compliance - Better than Expected, But Still Far to Go

Show my name as: 
Handle

Below, one can download in Japanese Deloitte's summary of compliance with the Japan's Corporate Governance Code ("CG Code") as of the end of December, 2015, which for most companies was the deadline to submit their "Corporate Governance Reports" ("CG Reports") to the TSE.  

Copyright: 
No

December 8th "Director Boot Camp"...Next Course: February 18th!!

Show my name as: 
Handle

BDTI's December 8th English "Director Boot Camp" was a great success, with
active participation by a diverse group of European, American、and Asian persons!  Everyone in the room benefited  from the perspectives and experience of this fine group.  

We are planning to hold the next course on Febuary 18th.  Sign up early!

Copyright: 
No

An Example for Japan: Germany's Corporate Governance Commission

Show my name as: 
Handle

At the very outset of its governance code, Germany established a "Commission of the Corporate Governance Code", which is required by law to evaluate the Code on an annual basis and proposed any changes or amendments that are needed.  On average, the Commission has amended the Code almost once a year since it was first put in place. Out of its 14 diverse members, 3 are women.

Copyright: 
No

MoFo FCPA and Global Anti-Corruption Team: "Top Ten International Anti-Corruption Developments for October 2015"

Show my name as: 
Handle

" In order to provide an overview for busy in-house counseland compliance professionals, we summarize below some of the most important international anti-corruption developments in the past month with links to primary resources. October saw another SEC-only corporate FCPA settlement, an explanation from DOJ as to why theapparent decrease in volume of FCPA criminal actions does not mean anti-corruption is no longer an enforcement priority, an important ruling in an FCPA whistleblower case, and a variety of other anti -corruption developments in the U.S. and abroad.

Copyright: 
No

BDTI Research: Status of Compliance with Japan's Corporate Governance Code - Nominations Policy

Show my name as: 
Handle

Status of Compliance with Japan`s Corporate Governance Code:
 Nomination Policy

   The Board Director Training Institute of Japan (BDTI)
     December 01, 2015

Introduction

Copyright: 
No

Global Financial Literacy - Among Developed Nations, Japan Ranks Low, Just Slightly Higher than Italy

Show my name as: 
Handle

On the link below, you can download S&P's report comparing "global financial literacy" in various countries.  (See definition below.) S&P asked four simple questions about things like "how interest works" and ranked countries based on the percent of correct responses.  At 41%, Japan has a relatively low score among developed nations, which ranks it just above Italy in most respects. 

Copyright: 
No
Syndicate content