New CEO Wave in Japan Sparks Change in Generational Mindset

Reported about 1 year ago

A new generation of CEOs in Japan, many of whom rose through the ranks after the economic bubble, are driving governance reforms that are crucial for stock market growth. With almost half of Topix 500 Index companies appointing new chief executives since 2021, these younger leaders are embracing investor-friendly ideas and pushing for better disclosures and board diversity. The shift signifies a move towards modernization in Japanese corporate culture and aims to sustain the country's stock market rally, positioning Japan as a competitive player for global investment.

Source: YAHOO

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