Economy of Japan employment system to drive higher wages, on top of monetary and fiscal stimulus. Shinzo Abe has encouraged firms to raise wages by at least three percent annually (the inflation target plus average productivity growth). Shareholder activism is rare despite the fact that the corporate law gives shareholders strong powers over managers. Under Prime Minister Shinzō Abe, corporate governance reform has been a key initiative to encourage economic growth. In 2012 around 40% of leading Japanese companies had any independent directors while in 2016 most all have begun to appoint independent directors. The government's liabilities include the second largest public debt
Keigo Abe inaugural JKA National Championship, first place in the team competition at the 1973 JKA International Friendship Tournament, and first place in the second and third Japan Karatedo Federation National Championships (representing Tokyo). Abe had a close working relationship with Nakayama, benefiting from his technical knowledge and assisting him with teaching. He was one of several instructors who demonstrated techniques in Nakayama's books on karate. In 1985, two years before Nakayama's death, Abe was appointed as Director of Qualifications in the JKA. After the division of the JKA in 1990, he became the Technical Director of the JKA (Matsuno faction). He