Bruce Aronson

Is Japan (Finally) Back?

The Japanese stock market enjoyed an impressive rally this year, with the Nikkei 225 Index gaining well over 20% and achieving its highest level in three decades. Is Japan (finally) back? Bruce Aronson writes that a lasting recovery will depend upon how deeply corporate governance reforms have taken root and what policies have been adopted to counter the drag of an aging society.

Lessons from Toshiba: Corporate Governance in the Era of Activist Shareholders

The most significant, long-running corporate governance scandal in the history of Japan may finally be coming to a head. Following a series of misdeeds and clashes with activist investors over the past seven years, Toshiba Corporation, an icon of the Japanese business establishment, is in negotiations to sell itself to a Japanese private equity fund.

Exploring the Social Role of Corporations in Asia-Pacific

The genesis of this symposium was a straightforward question from a colleague at the U.S.-Asia Law Institute: What is the hottest topic today in corporate governance throughout Asia? To find out, I queried a group of colleagues from six Asia-Pacific countries who previously collaborated with me on a book on corporate governance in the region. The essentially unanimous answer was the social role of corporations, as exemplified by ESG—the environmental, social and governance factors related to a company’s business activities.