NEW YORK -- 2023 was a year of progress for Japanese corporate governance reform, says James Rosenwald, the co-founder of Dalton Investments who pioneered activist shareholding in the country.
"Japan is waking up. Most CEOs are waking up," Rosenwald told Nikkei Asia in a recent interview, saying that if companies follow his advice, the Nikkei Stock Average could reach 40,000 by 2025.
