This workshop will review recent trends in Japanese corporate governance, including policy reforms and market developments. A panel of experts will review the latest developments in corporate law, financial regulation, and accounting rules; analyze the distinctive features of Japanese corporate governance; and discuss emerging trends in corporate performance, board reform, shareholder relations, and mergers and acquisitions. What are the strengths and weaknesses of Japanese corporate governance? Who really controls Japanese companies? Are Japanese managers becoming more responsive to shareholders? Will outside directors improve governance? And will Japan develop a market for corporate control?
The panelists include Zen Shishido, an expert on corporate law from Hitotsubashi University and a visiting professor at Berkeley Law (Boalt); Tetsuyuki Kagaya, an expert on accounting from Hitotsubashi University and a visiting scholar at the Center for Japanese Studies; David Makman, a Bay Area attorney with particular expertise on the Japanese market; and Steven Vogel of the Political Science Department and the Center for Japanese Studies. Anthony Zaloom of the Haas School will moderate the panel.
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