Discussion Forum - Page 74 of 116 - The Board Director Training Institute of Japan (BDTI)

6/4, BDTI Will Offer Next English “Director Boot Camp”

This one-dayintensive program teaches participants the key legal and corporate governance knowledge they need to responsibly serve on, report to, or analyze boards of Japanese companies, both public and private. The course consists of short lectures interspersed with ample time for interactive discussion and questions-and-answers about real-life situations that occur on boards, and how to handle them. The course is usually good fun for everybody, since we all learn from each others' experiences, as well as from BDTI. The program will cover topics such as:

Interview of Nicholas Benes (BDTI Rep. Director): “Growing Beyond GenBa 現場: An Urgent Matter for Global Governance Training”

The Japan HR Society (JHRS)'s magazine, The HR Agenda Magazine, published an interview with our Representative Director, Nicholas Benes about BDTI and why globalization means that Japanese companieswill have to increase (and standardize) training ofdirectors, and training for managers aboutgovernance and compliance matters.

You cannot achieve the strategic benefits of being a true global company unless you provide regular off-site learning opportunities for your Japanese staff and your foreign staff to mix.

(Video) 2/12, Prof. Hilb at BDTI Symposium: “Practical Methods for Effective Board Management, Used by Successful Companies”

We have uploadeda video of the main portion of theBDTI Symposium: “Practical Methods for Effective Board Management, As Used by Successful Companies” which weheld on February 12, 2013. This event featured lead speaker Professor Martin Hilb of the University of St. Gallen in Switzerland, and (as panelists) Professor and BDTI Representative Director Kenichi Osugi, Professor Bruce Aronson of the Creighton University School of Law, and Nobuyuki Hiraizumi (a director at Kajima Corporation.)

The D&O Diary: “Delaware Chancery Court: A Sweeping Vision of Outside Directors’ Foreign Operations Oversight Responsibilities?

In the current global economy, many companies have operations and assets in far-flung corners of the world. These geographically dispersed arrangements have a number of implications for the concerned companies. According to a recent decision from the Delaware Court of Chancery, the arrangements may also have important implications of these companies’ outside directors, at least for those companies organized under Delaware law.

Kubo-Saito - ”Japanese Honors System and Incentives for Presidents”

Abstract: Career concern can mitigate agency problem between directors and shareholders. In thispaper, we extend source of career concern to non-financial incentive: honors conferredby government. Using data on a large sample of presidents of Japanese firms, weexamine the determinants and effect of honors conferred by government. We find that presidents’ probability of winning an order is positively related with his accounting performance.

TSE – Handbook on Practical Issues for Independent Directors and Statutory Auditors (English Translation)

(Supervised By Hideki Kanda –Written And Edited By Tokyo Stock Exchange, Inc.) Foreward by HidekiKanda- Tokyo Stock Exchange introduced rules relating to Independent Directors/Auditors (“Independent Director/Auditor System”) in December 2009. This System requires a listed company to secure among its outside directors/auditors one or more person who is unlikely to have conflicts of interest with general shareholders, and to notify Tokyo Stock Exchange of their appointment as Independent Director(s)/Auditor(s).

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