TOKYO -- The Tokyo Stock Exchange wants to make Japan's blue chip companies more like their socially conscious and diverse U.S. and European counterparts under an upgraded corporate governance code that took effect Friday.
Tokyo Electron, Sanrio and others are already hiring more independent directors
Women make up about 11% of Japan's corporate boards -- less than half the average across the Organization for Economic Cooperation and Development. © Reuters
TOKYO -- The Tokyo Stock Exchange wants to make Japan's blue chip companies more like their socially conscious and diverse U.S. and European counterparts under an upgraded corporate governance code that took effect Friday.