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Change Brewing in the Boardroom: A Proxy Adviser Assesses Corporate Governance in JapanTakenaka Harukata

Proxy advisers are a new phenomenon in Japan, where companies are only now beginning to treat shareholder interests as a serious priority. In an exclusive interview, Executive Director Ishida Takeyuki of Institutional Shareholder Services in Japan offers his unique perspective on the reforms that are slowly but surely changing the face of corporate governance in Japan.

Toward a Multi-Stakeholder Model of Corporate GovernanceHanazaki Masaharu

Over the past two decades, Japanese corporations have moved away from an outdated governance model rooted in keiretsu relationships and “main bank” financing toward a more shareholder-oriented system. Amid this ongoing shift, economist Hanazaki Masaharu calls for a new emphasis on social responsibility and sustainability through wide-ranging dialogue with internal and external stakeholder groups.

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