Extrapolating from modern international understanding of corporate Japan’s distinct form of managerial capitalism, we elaborate on the growing momentum of shareholder activism in Japan leading up to the COVID-19 health crisis, so as to inform the subsequent discussion on the relevant primary considerations that belie the future direction of shareholder activism in Japan post-COVID-19. On an initial logical extrapolation, it appears probable that COVID-19 could mark the peak of Japanese activism. However, it is crucial to acknowledge that the success of Japan’s managerial capitalism have also declined, which poses a question on to which direction Japanese corporate governance may be shifting. Finally, we point out how corporate Japan’s impeding market developments will provide a useful case-study for global financial discourse.

中文翻译：

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COVID-19 和日本股东激进主义：日本自愈混凝土的短暂喘息

根据现代国际对日本企业独特的管理资本主义形式的理解，我们详细阐述了导致 COVID-19 健康危机的日本股东激进主义的增长势头，以便为后续讨论提供信息COVID-19 后日本股东激进主义的未来方向。根据最初的逻辑推断，COVID-19 似乎很可能标志着日本激进主义的顶峰。然而，必须承认日本管理资本主义的成功也有所下降，这就提出了日本公司治理可能向哪个方向转变的问题。最后，我们指出日本企业阻碍市场发展将如何为全球金融讨论提供有用的案例研究。