Stock market group admits Japanese companies need to do more while environmental group slams action on sustainability.
The head of the Japan Exchange Group has pledged to continue work on persuading more Japanese companies to comply “genuinely” with the country’s corporate governance code introduced last year.
The code formed part of Prime Minister Shinzo Abe's reform of the economy and was intended to make Japanese stocks more tradeable. According to the Financial Times, Akira Kiyota, president of the Japan Exchange Group, has admitted that many companies have given the new code only token compliance.
The FT says the statement comes amid g
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