Bank Accounts and Governance Structures

abe: Firms listed in Japan held 506.4 trillion in cash as of their latest filings, the highest level on record, according to data compiled by Bloomberg, according to The Japan Times. It's more than tripled since March 2013, months after Prime Minister Shinzo Abe returned to power vowing to stamp out cash-hoarding. ; While companies see the money as a buffer against hard times, it has long riled investors, who say executives should invest it for growth or return it to shareholders. For some it's a testament to their strength, but to many it's a wasted opportunity. In one of his most lauded policies, Abe has overhauled corporate governance structures, seeking to make firms use capital more productively rather than letting it fester in bank accounts. Companies are providing larger returns to shareholders since Abe's government instituted new rules for investors and executives starting in 2014. It's not that the prime minister's efforts haven't borne fruit. (news.financializer.com). As reported in the news.