Unshackling investors in Japan (2)
What are the pros and cons of the new large shareholder reporting regime? How might different types of investors respond?
Topic
Long Reads
Expanded analysis of major events and trends
Unshackling investors in Japan (1)
For the past decade financial regulation in Japan has hamstrung collective engagement of listed companies. What was the origin and purpose of these rules?
Toyota tests the system, falls short
Despite a higher offer price for Toyota Industries Corporation (TICO), surprising weaknesses in Toyota Motor’s handling of the TICO privatisation remain. While this case says much about the Toyota Group’s governance culture, it also points to a range of flaws in the squeeze-out process in Japan.
Jardines and the economics of dissent
A spate of squeeze-outs has created a cottage industry in Cayman and Bermuda. The Jardines case could prove to be the largest offshore dispute to date.
Did Jardines shortchange shareholders by US$4 billion?
A legal challenge to the contentious 2021 squeeze-out of shareholders is grinding through the courts: here is what we know so far, and what happens next.