Friday, 14 August 2015

The Toshiba Corporate Governance Scandal: How Can Japanese Corporate Governance be Fixed?

From Jurist –

“A third-party investigative report released on July 20, 2015, found that Toshiba Corporation had padded its profits by $1.2 billion (1.5 billion yen) over the past six years. The current and two past presidents and half of the board of directors have resigned from their positions. Once again we are faced with the questions of how good Japanese corporate governance practices are and how might they be improved.”

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