TOKYO -- The Tokyo Stock Exchange will ask listed companies that have publicly traded subsidiaries or equity affiliates to increase disclosure about corporate governance, looking to protect the rights of minority shareholders and enhance the appeal of the overall market.
Markets
Tokyo bourse ups scrutiny of public companies with subsidiary listings
Disclosure sought from over 1,000 firms to protect minority shareholders
More than 1,000 companies are expected to be held accountable for enhanced disclosure by the Tokyo bourse. (Photo by Tokio Murakami)
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