Seven & I Chairman Steps Down After Battle With Board

Seven & I Chairman Steps Down After Battle With Board

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Business

University

Hard

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The transcript discusses a corporate drama involving Suzuki, the CEO of 7 and I Holdings, accused of trying to replace a key executive with his son. This led to Suzuki's resignation after a board decision. The situation highlights the challenges of corporate reform in Japan, where foreign investors like Loeb have struggled to influence change. Despite mixed success, Loeb's recent victory in Japan's largest retailer marks a significant achievement in his activism efforts.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent event led to the resignation of Suzuki?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the influence of foreign investors changed in Japan since the 1990s?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges have foreign investors faced when trying to reform Japanese companies?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the Prime Minister play in the reform of Japanese companies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of LOEBS' efforts in Japanese corporate reform?

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