執行役員制度のコーポレート・ガバナンス上の諸問題(自由論題)

概要

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The establishment of Executive Officers began at Sony in 1997 in Japan; they have rapidly spread among other companies, and now they have been introduced into more than half of the listed companies. The intended roles of Executive Officers are to manage business more effectively and independently from Directors. However, detailed analyses of the related law and practice regarding Executive Officers reveal that they hardly contribute to the reinforcement of corporate governance. Executive Officers are still just 'servants' under the current business law, because the law does not give them genuine authority. Moreover, in many cases, the Directors also serve concurrently as Executive Officers, which means that the duties of Executive Officers are directly influenced by the Directors or the Board of Directors. This raises doubts about the independence of execution of business from decision-making and supervision of business - the original justification for the establishment of Executive Officers.
2012-01-31