JAPAN CORPORATE GOVERNANCE CHANGES SEE PAST ERRORS COMING TO LIGHT
June 1st, 2016
JAPAN’S non-executive board members are facing tough times – globalisation and reforms to Japanese company law are pushing major corporations to admit mistakes that have been swept under the carpet in the past.
Scandals keep on coming. The news for Mitsubishi Motors, for instance, over the last two months has been uniformly bad.
In April, the car manufacturer admitted that since 1991 it had been using a different system to verify fuel consumption than the test required by the government, effectively enabling it to claim that its vehicles are more ...
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