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Olympian Depths; Corporate Governance in Japan
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 405 no. 8809 (Nov. 2012)
,
page 10-11.
Topik:
Corporate Governance
;
Problems
;
Business Community
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.74
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Governance is not just about how many non-execs there are; it is about how well they are able to do their jobs. Insularity is a huge problem for Japanese companies. By gazing inwards, they have lost ground to Asian competitors in world markets. They are losing the battle for global talent. The refusal to embrace higher standards of corporate governance is a further sign of short-sightedness. Stick-in-the-muds may see it as a way of protecting themselves from hostile takeovers, management buy-outs and other aspects of shareholder capitalism that they abhor. But the forward-thinkers know that expanding the gene pool on their corporate boards will make them more capable of seeing the opportunities--and the risks--in the outside world.
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