Japan: corporate governance reform - ACGA statement

The Asian Corporate Governance Association has published a statement setting out its position on various governance issues. The statement provides a useful overview of recent business and government agency publications in the governance area. The ACGA recommends, inter alia, a greater role for independent directors and that Japan should adopt a national corporate governance code.

India: ACGA issues white paper on corporate governance

The Asian Corporate Governance Association has published a white paper making recommendations for the improvement of corporate governance in India: see here (pdf). The recommendations fall within five headings: shareholder meetings and voting, related party transactions, preferential warrants, disclosure and the auditing profession.