Corporate governance is improving, but not by enough

Ryohei Yanagi, CFO of Eisai Co. Ltd. talks about Japan’s corporate discount before the BCCJ in Tokyo late last year.  (Picture courtesy of BCCJ)

First published by The Japan Times

Quick test: Two banks “A” and “B” offer interest rates of 2 percent and 5 percent on deposits, respectively. All else being equal, at which bank would a rational person prefer t…