Revisiting the information asymmetry between corporate management and stakeholders
Guest lecture by Professor Junko Ueda, Kyushu University, Japan.
Commentator: Professor Mads Andenæs, University of Oslo.
Reducing agency cost is a key consideration for corporate governance; it serves for not
only the wealth maximisation of their stakeholders’ but also the prevention of
malpractice and mismanagement. The introduction of mandatory independent directors,
which is one way of achieving this cost reduction, has been one of the agenda items in
the ongoing review of the Japanese Companies Act 2005.
Organizer
Sustainable Companies Project
Published Feb 9, 2012 10:41 AM
- Last modified Feb 22, 2012 09:55 AM