While Japan has proven to be a difficult market for investors over decades, the past few years have seen dramatic outperformance spurred by the prospects of the outcomes of massive quantitative easing.  In fact, the extent to which the eurozone can take some lessons from Japan’s experience as it embarks on its own program is notable.  It also leads us to question what else can be learned from Japan, and what are the persistent challenges?  We take this opportunity to consider whether it will be a new commitment to corporate governance, in conjunction with potential structural reforms, that might spark  continued strong performance for Japan.

In this month’s “Journal of Sustainable Finance and Banking” (JSFB), we adopt the “Mind of the Beginner” and look with fresh eyes across disciplines of economics & finance, and even the martial & culinary arts as we consider prospects for the Japanese market performance.  We highlight Japan’s evolution in corporate governance, a “Japan Founders Index” whose leaders are outperforming their peers, and we consider how a culture steeped in tradition can deal with change as “necessity is the mother of invention.”



Environmental Issues & Country Valuations: What Matters?  By Michael Geraghty

Japan’s New Codes: Studying the Impact on Valuations, By Sebastian Vanderzeil

The Economics of Automation: Quick Serve Restaurant Industry, By Michael Shavel and Dehao Zheng

Post Crises, Japan is a Good Investment, By Joshua Walker

Corporate Governance in Japan – A Developing Story, By Hiroshi Komori

The Japan Founders Index, By Ayako Hirota Weissman

Necessity Is the Mother of Invention, By Jiro Yasu

UmamiFinance.com: Flavor is Information, By Christopher Loss

Mind of the Beginner, By Matthew Fremon

Revisiting the Wealth of Nations: The Seas, By Erika Karp