1. Japan Firms Have No Plans to Strengthen Governance After Ghosn Arrest

    Japan Firms Have No Plans to Strengthen Governance After Ghosn Arrest

    TOKYO (Reuters) - Three-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn...

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  2. Quotes

    1. I was surprised that Nissan's internal governance over its executives was practically not functioning.
    2. Nissan acknowledges that the misconduct by its former chairman Carlos Ghosn and former representative director Greg Kelly was enabled by shortcomings in the company's corporate governance.
    3. We are strengthening compliance, but it is impossible to say that misconduct won't occur.
    4. In corporate Japan, big pay gaps within the same company leads to lower motivation among employees.
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