Scandals Tarnish 'Made in Japan' Label

The video discusses the impact of Abenomics on corporate transparency, revealing long-standing scandals. It highlights the corporate governance code's role in increasing independent directors and forming committees, which empower these directors. The video also emphasizes the importance of stock compensation plans and board ownership in aligning interests with shareholders and improving corporate performance.

What is one reason given for the recent emergence of corporate scandals?

• Abenomics has increased transparency.

• Companies have started new unethical practices.

• The media is more interested in scandals.

• There are more companies now than before.

Which of the following is a change brought by the corporate governance code?

• Decrease in corporate taxes.

• Elimination of stock compensation plans.

• Increase in outside independent directors.

• Reduction in the number of board meetings.

What role do committees play in corporate boards according to the governance code?

• They reduce the workload of directors.

• They handle only financial audits.

• They focus on marketing strategies.

• They provide real power to outside directors.

How is board members' share ownership related to corporate performance?

• It only affects small companies.

• It is directly correlated to performance.

• It is inversely related to performance.

• It has no impact on performance.

What is a common characteristic of companies involved in scandals?

• High shareholder alignment scores.

• Board members own many shares.

• Low shareholder alignment scores.

• They are newly established companies.