The tremors are still being felt from the recent arrest of Carlos Ghosn, chairman of Groupe Renault, Nissan Motor and Mitsubishi Motors, at Japan's Haneda Airport. Much remains unclear about the legal case against him, but the failures of corporate governance at both Nissan and Renault are glaring. If the right steps are taken to improve governance structures in Japan and elsewhere, there might yet be a positive outcome from this sorry business.
Ghosn shock should spur corporate governance reform
Japanese government can use the scandal to enforce tougher rules