Case studies of scandals at Chinese and Asian subsidiaries and examination of preventive measures Part 3: How business and human rights are emphasized, and the risks in joint ventures in China and Asia
2022/8/25
Examination of case studies of scandals at subsidiaries in China and Asia and prevention methods Part 1: Trends in scandals and case studies
2022/8/25
Mori Hamada & Matsumoto
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For Japanese companies, it is becoming increasingly important to understand the management risks of Chinese and ASEAN subsidiaries. Looking at the cases of establishment of investigation committees disclosed by listed companies, we can see that although there have been many cases of Chinese subsidiaries in the past, the number of disclosed cases of misconduct by ASEAN subsidiaries is gradually increasing. Since the contents and causes of these misconduct cases are common, it would be valuable for the compliance management departments of Japanese companies to examine the cases of disclosure and verify the causes and preventive measures.In addition, there are relatively new risks in China Asia related to business and human rights that may require more attention in the future in relation to suppliers and local partners in joint ventures, and these will be discussed in a series of three sessions with case studies. In Part 3, we will discuss the types of subsidiary management information and contract information to be confirmed by the head office as the direction of internal control based on the group guidelines.
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Mori Hamada & Matsumoto
You can download the materials from the form at the bottom of the page.
For Japanese companies, it is becoming increasingly important to understand the management risks of Chinese and ASEAN subsidiaries. Looking at the cases of establishment of investigation committees disclosed by listed companies, we can see that although there have been many cases of Chinese subsidiaries in the past, the number of disclosed cases of misconduct by ASEAN subsidiaries is gradually increasing. Since the contents and causes of these misconduct cases are common, it would be valuable for the compliance management departments of Japanese companies to examine the cases of disclosure and verify the causes and preventive measures.In addition, there are relatively new risks in China Asia related to business and human rights that may require more attention in the future in relation to suppliers and local partners in joint ventures, and these will be discussed in a series of three sessions with case studies. In Part 3, we will discuss the types of subsidiary management information and contract information to be confirmed by the head office as the direction of internal control based on the group guidelines.
Corporate Partner Takuya Eguchi Lawyer
He has more than 20 years of experience in China and ASEAN business. From corporate operations such as M&A and joint ventures to local subsidiary compliance and dispute resolution, we focus on solving problems based on a thorough understanding of the field.
Areas of practice:
・International business
China Law/Thai Law/India Law/Indonesia Law/Philippine Law/Vietnam Law/Malaysia Law/Taiwan Law
・Trade law
Mori Hamada & Matsumoto
Mori Hamada & Matsumoto Law Office is a comprehensive office that provides clients with outstanding services in all fields, and is to build a legal infrastructure that allows domestic and foreign companies to play an active role in Japan and globally. Our mission is to contribute and play a part in that.
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