NASDAQ has confirmed that “Tokyo Stock Exchange Group plans to introduce new rules, possibly in April, to enhance corporate governance for listed companies.” According to TSE Group President Atsushi Saito, the new rules will be designed to “eliminate cozy relations” between management and those responsible for their oversight “as much as possible.”
Tokyo exchange plans new governance rules
The Tokyo Stock Exchange Group plans to introduce new governance rules for listed companies in April.
January 18, 2012