Hedge Funds Say There’s No Turning Back on Abe’s Japan Reforms
- Investors, analysts herald corporate governance overhaul
- But they say Abe fell short in other important reforms
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It started with little fanfare, the series of reforms of Japanese corporate governance that would become one of Prime Minister Shinzo Abe’s biggest legacies.
Then it built and built. During the more than 7 1/2 years of his second spell in office, Japan Inc. changed notably, becoming more profitable, less insular and more rewarding as investments.