Amendment of Commercial Law and Corporation Governances of Japan

Since 2001, Japan has revised the postulations regarding obligations a nd rights for directors and auditors in the commercial law code. From the revisi on regarding the functions of auditors, we can foresee the future corporation go vernance of Japan. Especially, the introduction and integration of the Americani zed governance style with Japan's governance can give some insights of perfectin g the governance institution of China.