Corporate Governance in Japan and Europe: A Comparison
The Japanese government is reforming the country's corporate governance rules by submitting a bill to the Diet which asks institutional investors to fulfil their fiduciary responsibilities through increased transparency and accountability to stakeholders. Countries in Western Europe are taking similar steps to enhance transparency and the flow of information in corporate governance, such as those put forward in the EU’s December 2012 Action Plan.
Within this context, the roundtable will ask how the reform of corporate governance and codes of conduct, including labour market reforms, can increase competitiveness and confidence from investors. Changing corporate governance and practices is especially important in view of the 2020 Olympic Games in Tokyo, which will require the contribution of foreign capital and expertise. The experience of London will offer a useful background to the discussion.
This event is supported by the Japan External Trade Organization, Daiwa Capital Markets, Daiwa Anglo-Japanese Foundation, AstraZeneca, Hitachi and the Development Bank of Japan, and organized with the help of The Japan Society.