Public Comment to the Proposed Revisions to Japan’s Corporate Governance Code
posted by Nicholas Benes on May 11, 2018 - 10:47am
As the one who proposed this governance code in the first place...an English translation of my public comments. I hear the Keidanren would not let FSA use the word "Code" after "stewardship", even though both codes are the FSA's. (!!) And in the age of AI, the JPX/TSE still have not made the disclosure items in CG Reports machine-readable. They remain machine-UN-readable. We have one XBRL tag for 11+ long disclosure items all lumped together. There is progress in the revisions, but it is much less than I hoped for. Here is the full text.