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Ghosn scandal -- the duties of a good manager

Even more than corporate governance systems, companies need principled executives

| Japan
Top managers need a guiding personal philosophy as well as good corporate governance.   © Reuters

Japan has been widely criticized overseas over the scandal surrounding former Nissan Motor Chairman Carlos Ghosn.

One of the claims that has been frequently made is that the whole affair should not be treated as Ghosn's personal problem but as a failure of Nissan's governance system. These critics ask what the company's top managers were doing when they were supposed to be keeping an eye on Ghosn as part of their duties.

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