Shibata: Historically, shareholders ranked at the bottom of Japanese corporate stakeholders
Kazuhiko Shibata · David Baran and Kazuhiko Shibata – Friendly Activism in Japan at Symphony (Capital Allocators, EP.176) · Feb 8, 2021 · at 20:20
Kazuhiko Shibata, co-founder of Symphony Financial Partners, describes traditional Japanese corporate culture and stakeholder prioritization compared to Western shareholder-first models.
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“Shareholder is lowest ranked in Japan. I should say past tense, not current tense. Shareholder was the lowest ranked. Employee, client, So the total stakeholder, shareholder is the bottom. That has been a long time concept, or Japanese community.”
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