Die Corporate Governance im neuen japanischen Gesellschaftsrecht unter besonderer Berücksichtigung der Aufgaben von Verwaltungs- und Prüferrat
The term “corporate governance” refers to good and responsible direction and supervision of companies. Each national legal system, however, suggests a different way to implement good corporate governance. After having largely followed the German and thus dualistic model for nearly 100 years, Japan solidified the trend towards American law, which was already initiated after 1945, with her company law reform of 2004/2005. A crucial point of the reform is that more emphasis is put on external directors and auditors. However, this particularly contrasts with the mentality of Japanese entrepreneurs and Japanese companies’ foundation on very close relations with and among their employees, though these connections do seem to be gradually weakening.