The Board Director Training Institute of Japan (BDTI) is pleased to announce that Fidelity Worldwide Investments has become a Special Sponsor of our organization.
Category: Investment
Disappointment About “No Outside Directors” Required
I read news that the governement will not likely to pursue to make it a legal requirement to have an outside board member. If this is true, a big disappointment!
“SONY Revival Prospects & Shareholder meeting ” BBC TV interview June 29, 2012
This is a BBC TV Interview about SONY. The expert being interviewed, Gerhard Faso lwas a BDTI DirectorBoot Camp student.
IRRC-Tapestry Report: “Voting Decisions at US Mutual Funds: How Investors Really Use Proxy Advisers”
Key findings of the interview-based research include:
1. Proxy firms’ role as data aggregators become increasingly important to asset managers
2. Proxy advisers’ influence extends well beyond the moment of voting, but mutual funds consider multiple factors
3. Asset managers have wide range of approaches to decision-making across the voting process
4.Three questions about level of internal deliberation on voting matters can help outside observers evaluate independence of asset managers' decisions
U.S. AGM Proxy Voting Fact Sheet by the Conference Board
This edition of the Proxy Voting Fact Sheet contains a snapshot of the most relevant proxy season data for Russell 3000 companies that held annual general meetings (AGMs) between January 1 and April 30, 2012. The analysis includes:
GMI Blog – “Shareholder Spring Comes to Japan… at Least at Mizuho Financial Group (Part 2)”
The following entry appeared as part of GovernanceMetrics International’s GMI Blog. GMI is the leading independent provider of global corporate governance and ESG ratings and research. Corporate stakeholders – including leading investors, insurers, auditors, regulators and others – use GovernanceMetrics services to identify and monitor risks related to non-financial measures covering key environmental, social, governance and accounting risk factors.
GMI Blog – “Shareholder Spring Comes to Japan… at Least at Mizuho Financial Group (Part 1)”
The following entry appeared as part of GovernanceMetrics International’s GMI Blog. GMI is the leading independent provider of global corporate governance and ESG ratings and research. Corporate stakeholders – including leading investors, insurers, auditors, regulators and others – use GovernanceMetrics services to identify and monitor risks related to non-financial measures covering key environmental, social, governance and accounting risk factors.
FSA Minister Matsushita on the Nomura Insider Trading Scandal
(See at the bottom: However, the most important thing is that the companies and people concerned should recognize their own governance, responsibilities, their own positions and their own jobs. I would like to stress that I am concerned that there are serious problems in that respect.)
Presentation: “Japan is Not the Next Greece”, by Richard Katz
Theinsightful and articulateeconomist Richard Katz was in town last week, and gave presentations to a number of groups, including the American and French Chambers of Commerce in Japan. The theme of his presentation and views was particularly timely, as it focused on a cogent explanation of why Japan is Not the Next Greece.
At Mizuho FG, Shareholder Proposals Make History: 7 Proposals Get 23% or Greater Support (Director Training Disclosure, 28%)
The results of voting on the 10 shareholder proposals submitted to Mizuho Financial Group's AGM have been been disclosed. In asignificant turn of events, no less than seven of the 10 proposals submitted by shareholders were supported by at least 23% of shareholders. Within that group, the highest support ratio (28%) was for the proposal that would have required Mizuho FG to disclose its policy with respect to director training, and actions taken to execute that policy each year.