Japan Boards May Struggle Amid Pressure for Diversity, MSCI Says
- Women make up only 17% of Nikkei 225 index firms’ board seats
- Japan’s latest AGM season showed a jump in investor pressure
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Japanese companies may struggle to meet rising expectations from global institutional investors amid change in board diversity standards, according to the latest report on Japanese corporates by MSCI ESG Research.
Just one-tenth of MSCI Japan Index firms have reached the 30% female board member threshold that the government is seeking for top-listed businesses, according to Moeko Porter, the author of the report.