These are the minutes of the meeting held on September 24, 2015. The materials that were distributed at the meeting can be downloaded at the bottom of this entry.
Category: Other News
”The Market For Board Talent Is Changing. Here Is What You Need To Know”
”When Howard Schultz, Founder, Chairman and CEO of Starbucks, asked us to work with his board’s nominating committee to help recruit a new director for one of the world’s most innovative and admired companies, he outlined what started as a normal mandate but then evolved into a nearly impossible task. Our task was to find a young director who was a digital expert to bring two perspectives into the Starbucks board room: 1) the native views of millennials, one of the company’s most important customer segments, and 2) deep social media expertise, to help accelerate the company’s market leading engagement through sophisticated apps, targeted marketing, and mobile payments.
”Why tackling corruption in corporate governance is not impossible” by Lucy P. Marcus
Chinese president Xi Jinping says he wants China to be a country where ‘nobody dares to be corrupt’. Photograph: Xinhua/Reuters
”Corruption is a global scourge, sometimes becoming so deeply ingrained in countries that combating it seems impossible. In January, Transparency International released its annual Corruption Perceptions Index, noting that the problem “remains a blight around the world”.
Japan’s state pension fund blocked from direct stocks investments – FT.com
Japan’s Government Pension Investment Fund has been blocked from investing directly in equities amid corporate fears that the $1.1tn state monolith could wield too great an influence over the private sector. The decision, reached on Wednesday by an “Critics of the world’s biggest sovereign pension fund say that, despite clear pressure from the government of […]
December 8th “Director Boot Camp”…Next Course: February 18th!!
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.
MoFo FCPA and Global Anti-Corruption Team: “Top Ten International Anti-Corruption Developments for October 2015”
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.
Global Financial Literacy – Among Developed Nations, Japan Ranks Low, Just Slightly Higher than Italy
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.
Kiyoshi Kurokawa’s Blog: Visualizing Fukushima – Nuclear Accident Independent Investigation Commission Report (NAIIC)
Thirty months or two and a half years have already passed since the Fukushima nuclear accident. How have TEPCO and the Japanese government been dealing with the aftermath of the accident? The international community which has watched them with serious concerns may have been stunned with their substandard information disclosure and communication skills. The overseas media has covered this issue with as much interest and concern as the conflict in Syria.
It has already been fourteen months since the NAIIC submitted its report to Diet as the first independent investigation commission in the constitutional history of Japan.
Raising awareness about the report to the national public and making it easy to understand was not a task assigned to the Commission. However, I’m pleased to announce that there are young people who have taken up the job.
Corporate Governance Code Compliance So Far: A Survey of Director Training Policies
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Corporate Governance Code Compliance So Far: A Survey of Director Training Policies
The status of director training as required pursuant to Principle 4-14 of the Corporate Governance Code,based on comply/explain disclosures
August 27th “Director Boot Camp” – A Packed House! Next Course: October 1st
BDTI's August 27thEnglish Director Boot Camp was a great success, with active participation by a diverse group of Europeans, Americans, British, Japanese, and even a New Zealander! Everyone in the room benefited greatly from the perspectives and experienceof this excellent group.