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So if I get the gist of the article the author is upset because the Japanese government has rules to interfere with large scale investing just to activate a "corporate raider" like strategy of 1980's?  

Let's say they did employ the corporate raider strategy of the 80's how would it work in today's world with a Japanese company like Sony who has tried to intertwine some of their divisions and who is a large scale employer.   

Also how would it effect the longer term Sony investor?  Would they be sacrificing the long term viability of the "Sony company" for short term gains?  Would there be a future for Sony afterwards and what would it look like?  

Without answers to these questions I think they have some reason to be wary of this kind of takeover strategy.