The following are the chapters I sent out on February 1-3, 2020.
The following is a continuation of the previous chapter.
Although the original stock system should be a legal system that integrates fairness in stock prices, I could not understand that the deregulation route against the sick would mean cheaper contracting, especially after the bubble burst.
If we chose the way to go to Europe, we had to regain the pre-regulation system and aim for a system that could handle gentlemen’s rules, self-regulation, principles, various codes, etc., as if they were statutory laws.
Even if relaxation is imitated, discipline is not mirrored.
In Japan, mitigation was imitated, but discipline was not.
Suppose we are pursuing the U.S. type of freedom. In that case, it cannot be maintained without a decoy, eavesdropping, undercover investigation, judicial dealing (making the government a quasi-judicial institution), expulsion order of fraud gain, civil sanctions, rewards for information sniffing Bounty, etc. that are indispensable for a system that continuously processes a large number of frauds that always occur in large quantities.
In Japan, mitigation was imitated, but discipline was not.
A system similar to the U.S. would be permanently expelled from the industry. Many of those who would have taken up several times the profits would use conserved funds, say shareholder activists, and give a lesson to a youngster.
It is Japan today that must see such a figure.
The liberty does the suffusion, and if there isn’t a mechanism to sometimes process a lot of injustices every moment, it comes to having no choice but to depend on the exposure like a game for the single-shot by the prosecutors unsuitable for a market crime.
The prosecutors are active in the posture that it is necessary to win initially indeed tend to have done a complicated case, too, to the form offender easy for the foreign exchange law, tax law, financial statement report misstatements sin, and so on to prove. So it isn’t possible to see the primary unit of that part of injustice anymore.
There is little precedent for the crime of aggravated breach of trust under the Companies Act, which is an actual offender, and it is well-deserved punishment to struggle to prove.
In Japan, legislation and debate over corporate law have recently been overshadowed. The governance code is only discussed because it is safe to do so; people without expertise in corporate law are skeptical of being governance experts.
The failure of a law school conception causes the slight of a college of law, decline of jurisprudence researcher training-up, and the pride of the jurisprudence of Japan since Meiji disappears every day along with the neglect of a Legislative Council / Legislative Bureau and so on.
Japan is a delicious plump prey.
Japan is a law-naive plump, delicious prey from a foreign expert who knows this world.
Japan, which has no right to claim the attributes and identity information of the stockholder in the U.K., emphasized maximizing shareholder value. This credulous person pretense does not doubt the dialogue with suspicious persons and the exercise of their voting rights by them.
Ghosn laughed at the level of Japanese law in his heart, and the sudden enforcement of the plea bargain was a different story.
So the result he thought was the reality of his fugitive drama.
Many think of him as a good manager who has improved Nissan’s management, but this is due to the misconception that justice is to fire large numbers of workers and close large factories to raise stock prices.
Today, when the United States, after Europe, is trying to abandon its shareholder-first principle, the claim that ‘avoid easy follow-up’ (Nikkei Shimbun ‘Economic Classroom’ last December 18, last year) has been highlighted.
The problem is that the claimant stated in his main book that the ‘desirable company law is efficient in the sense that net benefits, which are benefits minus costs, are as large as possible.’
It measures various human values ​​only with economic value was wrong in the first place.
(Tatsuo Uemura)