Top-down pressure

Root cause of Toshiba's accounting scandal

A logo of Toshiba Corp is seen next to an advertisement board for its Regza television in Tokyo. © Reuters

TOKYO -- Toshiba's accounting scandal is widening. It is now expected that the Japanese industrial conglomerate will need to downwardly revise its past operating profits by over 150 billion yen ($1.21 billion). The big question now is: What is the root cause of Toshiba's longstanding inappropria...