Japanese companies often have higher priorities than shareholder value
If anyone thought that 2,104 Japanese companies holding their shareholder meetings on the same day would lead to a few juicy reports of managements being held to account by irate shareholders, they had better think again. That's not the way things go in corporate Japan, even with a falling stock market.
Probably the biggest disturbance on June 29 was to the holiday plans of the Japanese police force. More than 10,000 officers were put on alert to protect companies against the notorious sokaiya -
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Richard Carpenter
Covering investor communications, sustainability and employee engagement, Richard Carpenter has worked with the likes of Aviva, Facebook, Alibaba, HSBC and the London Stock Exchange. Before joining Bladonmore, he was CEO of MerchantCantos, part of...
Chief executive
