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Collapse of IR Japan shares a happy day for corporate governance

Time for Japanese CEOs and boards to respond to shareholders in their own voice

| Japan
Tokyo Stock Exchange building, pictured on May 9: The CEOs of TSE-listed companies should be asking themselves what value they deliver to their shareholders by hiring IR Japan.   © AP

Stephen Givens is a corporate lawyer based in Tokyo.

The resignation of IR Japan Holdings' COO Takuji Kurio for "personal reasons," just a few days before news that he is under investigation for insider trading, caps a spectacular implosion in the stock price of Japan's leading "investor relations consultancy."

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