The new corporate law introduced in Japan last year has created a more favourable legal environment for foreign investors. Tim Lester reports
For a country once renowned for its difficult legal and regulatory environment for foreign business, Japan has come a long way and now presents a more attractive and business-friendly market to foreign investors. But how does this change play out in current Japanese business practice? Are Japanese corporates losing out in the international market by holding on to their traditional values and the Japanese management preference for consensus over conflict?
