TOKYO -- A growing number of outside directors at listed companies in Japan hold lengthy tenures, according to a Nikkei survey that raises concerns about their effectiveness and independence.
Investors question effectiveness of board members serving at least 10 years
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Long-serving outside directors face growing scrutiny from investors. (Photo by Ken Kobayashi)
TOKYO -- A growing number of outside directors at listed companies in Japan hold lengthy tenures, according to a Nikkei survey that raises concerns about their effectiveness and independence.