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Star Biz7

Crossing out cross ownership

JAPANESE companies are speeding up governance reforms by unwinding the “cross-shareholdings” that have underpinned relationships for decades.

The reason? There is pressure from activists and the companies fear being targeted by them.

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JapanGovernance , CrossShareholdings , CorporateReform , ShareholderActivism , TokyoBourse , InvestorPressure , GovernanceShift , ActivistInvestors

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