Is Sony un-Japanese enough to entertain change?


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  • Wednesday, 22 May 2013

MIRED IN TRADITION: Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties. Sony may prove something of an exception. - Reuters

TOKYO: Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value.

Struggling electronics giant Sony Corp, though, with more foreign and fewer bank shareholders, may prove something of an exception.

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