1. Olympus' Efforts To Improve Corporate Governance Leave Room For More

    Olympus' Efforts To Improve Corporate Governance Leave Room For More

    Olympus Corp. ( .PK) and three of its former executives pleaded guilty this week to charges related to a $1.7 billion accounting cover-up, the media reported. During the year since the Japanese equipment maker's former CEO Michael C. Woodford raised questions about its deal-making, Olympus has made some improvements to its corporate governance, but continues to show serious weaknesses that interfere with its ability to balance the powers of its managers. To be sure, it's positive that the former

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