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Nell Minow, board member at corporate governance analyst GMI Ratings, called the criminal convictions "a small step forward".
Kengo Nishiyama, a corporate governance analyst at Nomura Securities, said such scandals were particularly damaging for Japanese companies because their shares were supposed to be low-risk, low-return investments.
Anecdotally, one governance analyst told me that his firm voted against the shareholder proposal because JPMorgan had delivered great returns, in part due to Jamie Dimon's leadership.
"Walter Cho is likely to inherit the chairman's stake, which is more than 17%," said Lee Sang-heon, a corporate governance analyst at Hi Investment & Securities in Seoul.
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In light of the seemingly lax corporate governance, analysts said they were disappointed that members of the board did not also step down.
The scandal is rocking corporate Japan not least because of the company's succession of firings, denials and admissions; it is also certain to expose weaknesses in Japan's financial regulatory system and corporate governance, analysts said.
And a few corporate governance analysts have wondered whether he might become a victim of the scandal, like Ms. Dunn, whom he succeeded as chairman after her resignation from the board on Friday.
We wondered if the variation in service provision along with variation in demonstrable frustration with the ruling party would provide some clear evidence that democracy could work as democratic governance analysts expected.
But disclosure has improved everywhere, says Stéphane Voisin, a corporate-governance analyst at CA Cheuvreux, a broker in Paris.
But the conflict in the east has deflected attention and financial resources away from the renewal of government and governance, and analysts warn that serious economic problems are just around the corner.
With so much to contend with on home turf, why, asks internet governance policy analyst professor Milton Mueller, is the US technology lobby chucking so much firepower at the declining institution of the ITU?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com