Stewardship in Japan: Resolution for Revolution
Attendees of the 2015 Asia Roundtable in Tokyo--and perhaps those who missed it--will appreciate this upcoming program organized by the Japan Society of Northern California on June 29 in San Francisco. PPI's board chair, Theresa Whitmarsh, is a featured speaker.
ABOUT THE PROGRAM
To provide insight into how Japan’s new corporate governance environment is affecting institutional investors and corporate behavior, the Japan Society of Northern is delighted to present a timely panel discussion on Stewardship in Japan.
The publication of Japan’s Corporate Governance Code in 2015 capped a long list of remarkable capital market revitalization efforts, including the introduction of a Stewardship Code. The Stewardship Code outlines the responsibilities of institutional investors to enhance the intermediate to longer term investment returns for their clients/beneficiaries through constructive engagement (dialogue) with portfolio companies.
There are over 200 signatories to Japan’s Stewardship Code, including Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund. Broad acceptance of this code raises critical implementation questions for any organization investing in Japan, and, for that matter, for the efficacy of Prime Minster Abe’s third arrow of regulatory reform.
- How are asset managers fulfilling their responsibilities related to the Stewardship Code and what changes have resulted from increased engagement?
- What plans does the GPIF have to drive further engagement and increase principles of responsible investment in Japan?
- How are institutional investors around the world collaborating to assure Japanese companies adopt best global corporate governance practices?
Hiromichi Mizuno, Executive Managing Director, GPIF;
Jamie Allen, Founding Secretary General, Asian Corporate Governance Association; and
Theresa J. Whitmarsh, Executive Director, Washington State Investment Board.
This highly interactive discussion will be held on Wednesday, June 29, 2016 at 4:30pm, immediately following the close of the ICGN conference.
ICGN attendees will receive special pricing for this event. Space is limited so please register early here.