Mitsui Life Symposium
Ann Arbor, Michigan, USA
38th Mitsui Life Symposium: New Frontiers in Financial Intermediation
This year’s symposium will highlight innovative research on the evolving landscape of financial intermediation. We invite contributions that explore a wide range of topics, including the role of data and AI in financial services, bank liquidity and risk management, and the financial implications of climate considerations. Empirical and theoretical papers on these, as well as related topics, are most welcome. We especially encourage the submission of preliminary papers.
Tokyo, Japan
The 37th Mitsui Life Symposium in Japan: The Corporate Governance that Japanese Companies Should Aim for
The governance system of Japanese firms was initiated in 1890 based on the German model, with business execution by directors, and supervision by corporate auditors approved by shareholders. Although the Anglo-American-style board of directors’ governance system was legislated in 1950, the corporate auditor system was retained. The focus of governance was more on loss prevention resulting from fraudulent accounting than shareholder value creation. Although attempts were made at reforming corporate governance after the stock market collapse in the 1980s, it was only under the Abe administration in 2014 that reform measures focused on shareholder value creation were enacted. The effectiveness of such government-led corporate governance reforms in Japan, compared to market-led reforms prevalent in the U.S. and the U.K., will be the topic of the symposium.
The format of the symposium will be a panel discussion with representatives from academia, investment community, and corporate management. The panelists are Professor Katsuyuki Kubo, Faculty of Commerce, Waseda University, Kaoru Furubuchi, Head of ESG, Japanese Equity Investment Department, Invesco Asset Management Co., Ltd., and Hajime Matsukura, Director, Executive Officer, and Corporate Secretary, NEC Corporation.
View the 37th Mitsui Symposium below
