Japan's corporate governance reforms show way for China, South Korea

But oversight remains an area of weakness compared to Europe and the U.S.

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Japan's stock market hit a record high in February and has since gone higher after a 34-year wait. © AP

Haonan Wu is manager of engagement (Japan, China and South Korea) for EOS at Federated Hermes.

Corporate governance has moved firmly into the spotlight across the three largest economies in East Asia, as various scandals, activist investor demands and research from organizations -- including our own -- have brought key governance issues into sharp relief.

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