TOKYO -- Two high-profile corporate dramas gripped Japan Inc. in August, bringing a pair of long-standing governance issues back into the spotlight.
One case, involving SoftBank Group-linked companies, illustrates anew the potential for conflicts of interest when parents and subsidiaries are both listed. Meanwhile, a sell-off of Recruit Holdings shares, ostensibly triggered by a data leak scandal, highlights the lingering risks of cross-shareholding arrangements.
