RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

South China Morning Post (May 25)

2023/ 05/ 26 by jd in Global News

Several factors help explain “the outperformance of Japanese shares.” Improved corporate governance and the end of deflation are important, but “the explanation with the most resonance for investors is Japan’s role as a safe haven in an increasingly risky world. This has taken on added significance because of concerns about the deepening geopolitical rift between the US and China, as well as economic and regulatory risks in China itself.” Japan boasts “the only market in Asia big and liquid enough to offer an alternative to China while still providing exposure to the reopening of its economy.”

 

Financial Times (May 16)

2023/ 05/ 16 by jd in Global News

“Japan’s Topix rose to its highest level in almost 33 years on Tuesday, boosted by a rally led by foreign investors. Buyers have been drawn to Tokyo stocks by potential improvements to corporate governance, a return to wage inflation and the perceived stability of the market compared with geopolitics-riven Chinese stocks.”

 

South China Morning Post (January 5)

2020/ 01/ 06 by jd in Global News

“The truth is more likely to emerge now that Ghosn and Nissan can each tell their own stories.” This “might not only give Ghosn a chance to salvage his reputation but also prompt Japan to reflect on whether its justice and corporate governance systems serve its best interests amid competitive globalisation.”

 

Pensions & Investments (March 22)

2019/ 03/ 23 by jd in Global News

“For decades, South Korea’s most powerful tycoons ran their companies with little regard for minority shareholders. Then came Paul Singer. The hedge fund titan’s activist campaigns…have trained a spotlight on the corporate governance failures and complex ownership structures that saddle South Korean stocks with some of the world’s lowest valuations.” His defeat at Hyundai Motor “is unlikely to derail the nascent shift toward more accountability at the business groups that dominate Asia’s fourth-largest economy.”

 

Institutional Investor (October 5)

2017/ 10/ 08 by jd in Global News

In a recent survey “of 101 investors managing more than $1 trillion combined, 87 percent said they would support the activist campaign of a well-regarded investor if they believed change was necessary at the company in question…. Many of the investors view themselves as change makers, with roughly half saying their firms can meaningfully influence a company’s corporate governance.”

 

Bloomberg (July 3)

2017/ 07/ 04 by jd in Global News

“Strenuous efforts by Chinese regulators to ensure market stability are having the opposite effect.” The rationale is unimportant. “Whether such efforts are meant to protect important companies, stabilize markets or avoid national embarrassment, they’re preventing China’s markets from growing up. And it’s increasingly clear that they’re unnecessary.” Furthermore, “infantilizing Chinese firms…prevents the professionalization of management and improvements in corporate governance.”

 

Financial Times (June 20)

2017/ 07/ 01 by jd in Global News

“Six months into its financial crisis, Toshiba is shaping up as the Sistine Chapel of corporate catastrophes: you have to lie on your back to appreciate its scale, and once you get your eye in, the beauty is mesmerising.” Toshiba’s sweeping catastrophe “encapsulates much that investors — both foreign and domestic — have long despaired.” And “for a Japanese government apparently committed to reversing decades of shoddy corporate governance… Toshiba provides the perfect example of why it is pushing for change.”

 

Financial Times (April 10)

2017/ 04/ 12 by jd in Global News

“Japan’s progress on stewardship and corporate governance reform has looked wobbly of late. The ROE gains made in the first 30 months of Abenomics (up from an average of 5.8 per cent in December 2012 to a mid-2015 peak of 8.8 per cent) have been in steady reversal since then.”

 

The Week (April 2)

2017/ 04/ 03 by jd in Global News

By any measure, Uber has been having a terrible year. Some have posited it could threaten the tech bubble. “Uber is by far the most valuable of the 187 ‘unicorn’ startups valued at $1 billion or more, despite losing at least $1.2 billion in the first half of 2016.” But Uber is unlikely to spark a chain reaction. “The tech industry’s funding sources are more diversified than they were in the original dot-com bubble, and the definition of what makes a ‘technology company’ is also much broader. Odds are, investors will see Uber’s flaws as an isolated case of bad corporate governance, not evidence that they shouldn’t be investing in startups.”

 

Institutional Investor (December 29)

2016/ 12/ 30 by jd in Global News

“Disruption in the asset management industry is imminent…. Due to a combination of new technologies, shifting demographics and changing client demands, the asset manager of the future must self-regulate, adopt corporate governance by investment firms, invest in technology, and cultivate and keep top-notch talent.”

 

« Older Entries

[archive]