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Nissan's Ghosn crisis

Carlos Ghosn: The expensive cost cutter

After 19 years, the concentration of power invited governance issues

Carlos Ghosn visits Nissan's plant in Aguascalientes, Mexico in November 2013. He steered the company from the brink of bankruptcy to two decades of success.

TOKYO -- When a new round of inspection scandals hit Nissan Motor this past July, exposing how emissions test data had been tampered with for years, the company's leadership bowed in apology at a news conference to address the problem.

Although he was briefed on the issue, Chairman Carlos Ghosn chose not to return to corporate headquarters in Yokohama and continued vacationing with family on an island in western Japan.

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