Assessing Abe's Third Arrow: Corporate Governance Reform in Japan
As doubts persist about the progress of Prime Minister Shinzo Abe’s “third arrow” structural reforms to lift the Japanese economy, corporate governance is one area where change has been visible over the past three years: a new Stewardship Code for institutional investors, a Corporate Governance Code for companies themselves, a new JPX-Nikkei 400 index with minimum ROE and independent director requirements for inclusion, and efforts to increase the number of women on corporate boards and in senior management. How will these changes affect the performance of Japanese companies? What are the implications for the Japanese economy and for the success of Abenomics? What more could be done?
Moderated by:
Matthew P. Goodman
Senior Adviser for Asian Economics; Simon Chair in Political Economy, CSIS
4:00-5:15 pm A CEO Conversation
Featuring:
Junichi Ujiie
Senior Advisor to the Board, Nomura Holdings, Inc. and former Chairman, Japan-U.S. Business Council
Jonathan Kindred
CEO, Morgan Stanley Japan
Charles Lake
President, Aflac International and Chairman, Aflac Japan
Moderated by:
Jacob Schlesinger
Financial Regulation Editor and former Tokyo Bureau Chief, Wall Street Journal
5:15-6:30 pm Reception