TOKYO, April 17 (Reuters) - Proxy advisory firm Institutional Shareholder Services expects around a quarter of Japan's listed companies to miss its guideline of maintaining return on equity (ROE) of at least 5 percent, a sign the country's businesses still have some way to go in improving capital efficiency.
ISS, in its voting guidelines for 2015, recommends voting out top executives at companies with a five-year ROE average of less than 5 percent unless there are signs of improvement.
11:05 Every president is a minority leader. Trump will be, too10
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
00:27 Trevor Hoffman describes the feeling of falling 5 votes shy of the Hall of Fame17
23:10 Tim Raines, Jeff Bagwell, Pudge Rodriguez elected to Baseball Hall of Fame18