Japan soars while Hong Kong sinks in corporate governance rankings

Latest report is encouraging but nation still needs to improve

20231213 Tokyo and Hong Kong Stock Exchange

Japan rose to second while Hong Kong slipped to sixth in the ACGA's latest corporate governance rankings. (Source photos by Kento Awashima and Kenji Kawase)

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Japan's corporate governance ranking in the Asia-Pacific region soared to an unprecedented second place behind only Australia, while Hong Kong slipped from the runner-up position to sixth, according to research released by the Asian Corporate Governance Association (ACGA) on Wednesday.

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