A certified "public interest" nonprofit
Make a new forum entry
| Next Boot Camp is May 31st! Sign Up Now! |
Event Date : May 28th, at 4:00 – 6:00 pm (Arranged in collaboration with the Canadian Chamber of Commerce in Japan, the ACCJ, and TMI Associates.)
Fiscal year 2011 seems to have been the year of corporate scandals and governance mishaps in Japan. As a result, policymakers have voiced serious concern about the need to improve corporate governance because foreign money is deserting the market.
Since 2007, our Women Matter research has been making the business case for increasing the number of women in senior management roles. Companies need access to the biggest possible talent pool and, we would argue, the different and complementary perspectives and leadership styles that women bring. Indeed, our research has shown a link between the proportion of women on executive committees and corporate performance.
The International Corporate Governance Network (ICGN) has published best practice guidelines on political contributions (the Guidelines). The Guidelines adopt a multi-jurisdictional approach, outlining a global policy for political donations for companies….
Excerpts from article in Audit and Risk –
The UK’s corporate reporting regulator has set out a number of considerations that companies should bear in mind when disclosing why they do not comply with parts of the Corporate Governance Code.
Morrison Foerster released thereport, The Expansive Reach of the FCPA Extends to Japan Again: A Second Japanese Company Resolves FCPA Charges Related to a Nigerian Bribery Scandal
Introduction
Below are some recent requests that arose in the Company Law Public Comment process, highlighting the need for board/director training in Japan.
Abstract: We use an observable action (non-executive directors’ insider trading) and an observable outcome (the market assessment of a board-ratified merger) to infer collusion between a firm’s executive and non-executive directors. We show that CEOs are more likely to be retained when both directors and CEOs sell abnormal amounts of equity before the delinquent accounting […]
…..Unfortunately the voting policies of the proxy advisory firms are usually derived from unsupported notions of what constitutes “good governance” and are often applied in ways that do not account for the specific circumstances at many companies. Accordingly, this approach often fails to advance the real interests of long-term investors…..
By Paul T. Friedman and Ruti Smithline (Morrison Foerster update)
(Abstract) – Do bankruptcy changes in the institutional environment affect the rate of founding by particular types of founders and the performance of their ventures?