TOKYO -- The Tokyo Stock Exchange will push Japanese companies to adopt more robust governance rules through an ambitious reorganization in a "big step toward becoming the bourse of choice for global investors," the new TSE chief told Nikkei in an interview.
Hiromi Yamaji, who took over as president on April 1, faces a particularly competitive environment as bourses across the world hunt for investors. As environmental, social, and governance, or ESG, issues become key standards for investing, the TSE will urge companies to step up efforts based on their market classification.