Book contents
- The Cambridge Handbook of Shareholder Engagement and Voting
- The Cambridge Handbook of Shareholder Engagement and Voting
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- In Memoriam
- Abbreviations
- Introduction
- Part I Asia
- 2 Shareholder Voting and Engagement in China
- 3 Shareholder Engagement and Voting in Hong Kong
- 4 Shareholder Engagement and Voting in India
- 5 Corporate Governance and Shareholder Engagement Practices in Indonesia: A Shifting Paradigm
- 6 Shareholder Engagement and Voting in Japan
- 7 Shareholder Engagement and Voting in Singapore
- 8 Shareholder Engagement and Voting in South Korea
- 9 Shareholder Voting and Engagement in Taiwan
- Part II Australia and North America
- Part III Europe
- Part IV Comparative Perspectives
- Index
6 - Shareholder Engagement and Voting in Japan
from Part I - Asia
Published online by Cambridge University Press: 10 September 2022
- The Cambridge Handbook of Shareholder Engagement and Voting
- The Cambridge Handbook of Shareholder Engagement and Voting
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- In Memoriam
- Abbreviations
- Introduction
- Part I Asia
- 2 Shareholder Voting and Engagement in China
- 3 Shareholder Engagement and Voting in Hong Kong
- 4 Shareholder Engagement and Voting in India
- 5 Corporate Governance and Shareholder Engagement Practices in Indonesia: A Shifting Paradigm
- 6 Shareholder Engagement and Voting in Japan
- 7 Shareholder Engagement and Voting in Singapore
- 8 Shareholder Engagement and Voting in South Korea
- 9 Shareholder Voting and Engagement in Taiwan
- Part II Australia and North America
- Part III Europe
- Part IV Comparative Perspectives
- Index
Summary
As one of the solutions to revive its economy that have suffered from stagnation of over two decades from 1991 onwards, the Japanese government has sought to change its stakeholder-oriented corporate governance system into more shareholder-oriented one and has implemented several reforms, including the adoption of the 2014 Japanese Stewardship Code and the 2015 Japanese Corporate Governance Code. As a consequence, shareholder engagement and voting have attracted considerable attention in the corporate governance scene in Japan in recent years. In particular, hedge fund activism and proxy fights are becoming more popular as the activists and the challenging shareholders expect that they would receive more support from domestic institutional investors than they had in the past.After describing the transition of the Japanese corporate governance system and the legal measures granted to shareholders, this chapter analyses the current state of the shareholder meeting and shareholder voting and engagement in Japan.
- Type
- Chapter
- Information
- The Cambridge Handbook of Shareholder Engagement and Voting , pp. 107 - 125Publisher: Cambridge University PressPrint publication year: 2022