Quotes and Related Sections: There’s no quality control on outside directors and no training requirement
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Quotes and Related Sections: There’s no quality control on outside directors and no training requirement
[CCCJ Event arranged in cooperation with The Board Director Training Institute of Japan, TMI Associates, the American Chamber of Commerce in Japan, the French Chamber of Commerce in Japan, and with participation by McKinsey & Company Inc Japan]
When Italy has recently passed a law requiring the boards of listed companies to have 20% of their boards be comprised by women as of 2012 and 33% by 2015, you know that the issue of “gender diversity” has reached some sort of critical mass.
[ Article by Stephen Givens,the Japanese version of which is available at: http://bit.ly/NkdDDi] –>
The story of Olympus continues to unfold in fascinating ways, an uncontrolled experiment revealing what happens when Japanese corporate culture collides against the forces of globalization.
( August 06, 2012 Hideo Aiba ) A series of insider trading scandals involving Nomura Securities and others have cast a dark cloud over Japan's capital markets. But this is just the tip of the iceberg, says financial journalist Hideo Aiba.
A series of insider trading scandals involving Nomura Securities and others have cast a dark cloud over Japan's capital markets. But this is just the tip of the iceberg, says financial journalist Hideo Aiba.
From Inside Investor Relations -”Boards with female presence have better corporate governance and mix of leadership skills”
Companies with at least one woman on the board of directors outperformed companies with all-male boards for the past six years in share price gains, according to a report by the Credit Suisse Research Institute.
The new, amended German Corporate Governance code has been published. It is enforced on a comply-or-explain basis. Section 5.4.5 refers to limitations on the number of allowable director positions, and training ofSupervisoryBoard members, whichmust be funded by the company:
[From the web site of the UK Department for Business Innovation and Skills) – A new independent review from Professor John Kay sets out measures to transform UK equity markets. The report recommends that there should be a much needed shift in the culture of the stock market.
The most important step to introduce successful planned change management programs is to understand the corporate culture of an organization.
We all know that companies with outstanding financial performance often have powerful corporate cultures, suggesting that “culture” is the key to an organization’s success.
Cultural change does not happen in an organization; it is usually result of a complex change strategy implemented by company’s management.
Let’s examine what is corporate culture all about:
Institute of Chartered Secretaries and Administrators – Guidance on Induction of Directors, and other Useful Documents
The third editon of GovernanceMetrics’ Women on Boards report is released amidst the increasingly vigorous debate on gender diversity and its importance in the boardroom. Overall, the number of women on boards has increased in the last year, but only modestly. This has lead to greater momentum for interventon by governments and regulators to either impose quotas or require companies to put specific plans in place to achieve greater gender diversity on their board.