corporate governance: There just one problem: Japan biggest companies are greeting these reforms with a halfhearted shrug, according to The Japan Times. When it comes to corporate governance, Takata, Toshiba, Sharp and Toyota are still acting as if it 1985. Shareholders are now being encouraged to challenge Japanese CEOs, and companies across the country find themselves under pressure to diversify their boards and increase accountability. Deadly airbag maker Takata is as opaque as ever in its dealings with the public. Sharp is refusing to exit money-losing businesses, angling for government aid instead. Toshiba is avoiding any admissions about its growing accounting scandal.
(news.financializer.com). As
reported in the news.
Tagged under corporate governance, Takata topics.