Jamie published an opinion editorial in Nikkei Asia discussing the surge in mergers and acquisitions (M&A) that is fueling Japan’s stock market rally. A particularly contentious aspect of this trend is the sharp rise in management buyouts and other insider-led transactions. These deals are reaching record levels due to governance reforms and increasing pressure from more engaged shareholders on underperforming management teams. Delisting is no longer viewed as taboo, and the financial rewards for insiders can be extraordinary.
Read the full article here.
