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2020 ; 19
(3
): 302-305
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COVID-19 and Japanese shareholder activism: brief respite for Japan s
self-healing concrete
#MMPMID40476930
Yoshikawa T
; Chua G
Asian Bus Manag
2020[]; 19
(3
): 302-305
PMID40476930
show ga
Extrapolating from modern international understanding of corporate Japan's
distinct form of managerial capitalism, we elaborate on the growing momentum of
shareholder activism in Japan leading up to the COVID-19 health crisis, so as to
inform the subsequent discussion on the relevant primary considerations that
belie the future direction of shareholder activism in Japan post-COVID-19. On an
initial logical extrapolation, it appears probable that COVID-19 could mark the
peak of Japanese activism. However, it is crucial to acknowledge that the success
of Japan's managerial capitalism have also declined, which poses a question on to
which direction Japanese corporate governance may be shifting. Finally, we point
out how corporate Japan's impeding market developments will provide a useful
case-study for global financial discourse.