“Independent Directors” in corporations should represent the interests of shareholders. Japanese companies are often criticized for their insufficient corporate governance. Foreign industrial associations such as the European Business Council or the American Chamber of Commerce have often complained that numerous Japanese private limited companies are dominated by insiders because only board members with close relations to the company are appointed.
The conference shall examine the role of independent directors in general and in the Asian region in particular. A focus will be on Japan. The conference is part of a series of events that the JDZB has organized in cooperation with the German-Japanese Association of Jurists, and this series will continue with the topic “compliance”.