Held Accountable

To read more about the history of corporate governance reform in Japan, click here.


Protecting Shareholders

A major victory for activists, however, seemed to have occurred in 2005 when a small domestic company, Livedoor Co., bought a 30 percent share in Nippon Broadcasting Co. Nippon responded by issuing shares to Fuji Television to dilute Livedoor's holdings and prevent a takeover.


Julius Melnitzer

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