J- Vid of interest; Week 11,2021

Great speach by Gerhard Fasol, a physicist and entrepreneure who has been living for a long time in Japan. He is one of very few foreigners in the boardroom of a listed Japanese corporations. 
While many Japanese corporations are still admired around the world, too many have suffered sluggish growth and low profitability for an extended period of time. Additionally, in 2017 a string of corporate scandals and failures have shocked the public with negative implications regarding confidence in the Japanese business practice.

The government of Prime Minister Shinzo Abe spearheaded corporate governance reforms, mainly a code to improve supervision of management and increase the number of independent outside directors. Mr. Fasol argues that, although change is happening faster than many expected, and the reforms are generally regarded as successful, more is needed to bring diversity into Japanese boardrooms.

Source:https://www.fasol.com/2018/04/03/japan-corporate-governance-reforms/