Analysis: Japan's controversial cross-shareholdings get second wind after court battle - NewsBreak
By Alvarez in Business
Updated 2 years ago
TOKYO, Nov 10 (Reuters) - A simmering Tokyo legal battle could embolden Japan Inc to hang on to cross-shareholdings as a defence against hostile takeovers, a setback for corporate governance reforms championed under former Prime Minister Shinzo Abe. The development threatens to sow uncertainty at a time when investors are...