There is therefore a need on the part of banks and financial institutions to be more responsive to their obligations towards the larger public interest. Compensation practices 28. Out of the many issues that have arisen in the context of the global crisis, executive pay and compensation practices in the financial sector have perhaps invoked the maximum public outrage.
In addition, the terrorist attacks in the U.S. have further heightened uncertainty in Japan’s economy. With regard to final demand, net exports (real exports minus real imports) continue to decline, reflecting not only a slowdown in overseas economies but also sluggish demand for IT-related goods. Business fixed investment is also decreasing noticeably while exporting conditions continue to deteriorate.