Shareholder meetings set for shake-up this year

Some positive moves happening in this space, thanks to Abenomics.

But while making some improvements for investors, Abenomics hasn't done enough to improve the overall business environment, which is where the most fruit could likely be cultivated.

The lower yen should help business, but destroying the value of the hard-earned savings of your populace isn't so great as the cornerstone of your economic plan. Policy changes that improve the incentives for productive enterprise, without walloping another sector of the economy, are what's needed most and most lacking.

Japan’s normally sleepy shareholder meetings are set for a shake-up this year as a new corporate governance code encourages disgruntled investors to speak out and forces companies to take demands for better returns more seriously.

Oh, boo hoo, cry me a river. Japanese CEO's will actually have to listen to their shareholders, at the annual meeting no less. Wow, like a couple of hours out of the whole year is going to actually change the horrendous corporate governance in Japan. An hour after the meeting the CEO's will all be out drinking with the other directors and their bankers toasting their "success" and that they do not have to appear concerned for another 365 days.

Japanese companies did really, really, really well (as in being NO. 1 in the world) when their CEOs didn't have to listen to their shareholders.

Funny that, eh?