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The Future of Finance in Japan post Olympus Co-sponsored by Democrats Abroad Japan
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Date: Friday, June 8, 2012
Time: 7:00p.m. (Talk will start at 7:30p.m.) Venue:Temple University, Japan Campus, Azabu Hall
212/213
(access: http://www.tuj.ac.jp/maps/tokyo.html)
Speaker: Tony Miller
Moderator: Robert Dujarric
Admission: Free (Open to general public)
RSVP: icas[at]tuj.temple.edu
*If you RSVP you are automatically registered. If possible, we ask you to RSVP but we always welcome participants even you do not RSVP.

[Outline]

The Olympus scandal was watched throughout the world.
The fact that this
happened in a household name with international operations and they fact that the whistle blower was the only foreigner in senior management attracted global attention. The Olympus affair gave the impression to some observers that Japanese laws are designed to subvert shareholder interests and to "protect"
domestic companies from foreign ownership. Is corporate governance in Japan is substandard or is this a global crisis where Japan performs neither better nor worse than other nations? Tony Miller will argue that foreign foreign funds are leaving because the Japanese capital markets don't promote shareholder interests and that by preserving the status quo Japan has eviscerated its own industry.

[Speaker]

Mr. Miller joined PAG as Chief Executive Officer of PAG Japan in June 2009 and is a Partner of the Group. Prior to that, Mr. Miller was a Partner of alternative asset manager Ramius LLC, where he was in charge of their business in Asia and Japan. Previously he was a Managing Director and the head of the Hong Kong office for The Carlyle Group and a Managing Director and Head of Corporate Finance for Bear Stearns Asia. Mr. Miller graduated with honors in Economics and Urban Studies from Brown University and with honors from the Harvard University Graduate School of Business.

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Robert Dujarric
Director
Kyle Cleveland
Associate Director
Eriko Kawaguchi
Coordinator
Institute of Contemporary Asian Studies
Temple University, Japan Campus
http://www.tuj.ac.jp/icas/
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