著者

阿部 健人

出版者

日本情報経営学会

雑誌

日本情報経営学会誌 (ISSN:18822614)

巻号頁・発行日

vol.40, no.1-2, pp.102-113, 2020 (Released:2020-09-23)

参考文献数

46

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This paper examines political aspects of valuation practice, setting a goal of ROE (Return on Equity)8% to achieve sustainable value creation for Japanese companies. After carefully analyzing the 2008 financial crisis, it was found that corporate governance reforms were implemented globally to overcome short-termism. The Japanese government also implemented corporate governance reforms, and METI (The Ministry of Economy, Trade and Industry) published the Ito Review in 2014 and set a ROE8% as a goal for sustainable value creation. However, instead of promoting sustainable value creation by Japanese companies, this led to actions that focused on shortterm results.