Nissan urged to shake up governance after Ghosn arrest
Nissan advisory committee co-chairman Seiichiro Nishioka says the main cause of Carlos Ghosn's misconduct was 'the concentration of the authority in Ghosn'. – EPA pic, March 27, 2019.
AN advisory committee established by Japanese car giant Nissan to improve governance after the stunning arrest of former boss Carlos Ghosn on corruption allegations unveiled recommendations today to prevent further scandals. The seven-person body suggested abolishing the position of chairman vacated by Ghosn, with an external administrator running meetings of the board, where independent members would hold the majority.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan committee: Enough facts point to legal violationsThe committee described a corporate culture at Nissan 'in which no one can make any objections to Mr Ghosn'.
Read more »
Surveys link economic hardship to Muslim support for Islam in governance | The Malaysian InsightPreviously unreleased data 'paints bleak picture of economic strength of Malaysian-Muslims', says research house.
Read more »
All-in-one ocean governance regime needed, says Dr Mahathir | The Malaysian InsightComprehensive policy will allow authorities to manage nation’s waters and enforce laws more efficiently, says prime minister.
Read more »
UPS launches delivery by drones | The Malaysian Insight'Quadcopters' can carry medical payloads weighing up to 2.3kg for distances up to 20km.
Read more »
Name leader who called Amanah a DAP tool, Hadi urged | The Malaysian InsightSalahuddin Ayub says PAS president must provide evidence to avoid slander.
Read more »
Take cut from members’ salaries to fund party activities, Bersatu urged | The Malaysian InsightParty should deduct a percentage of the wages of those on government payroll, says Wan Saiful.
Read more »
Change passwords, MCMC urges Facebook users | The Malaysian InsightThis comes after checks by social media giant found that some passwords are 'easily readable'.
Read more »