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Compare to UK and American corporations: * The corporation investigated its own chairman (and CEO of its larger alliance), based on a whistleblower's report.

Compare to UK and American corporations: * The corporation investigated its own chairman (and CEO of its larger alliance), based on a whistleblower's report. * A corporate chairman/CEO was arrested by the government, and the accusation is not massive fraud but under-reporting his own compensation and making personal use of corporate assets. * A chair/CEO of a global corporation wanted $8.5 million in salary, and that was considered too much (this was a response from European stakeholders too). He took less. Perhaps some people with experience in Japanese business can provide context for what we are seeing. EDIT: Corrected Ghosn's title EDIT2: Corrected the allegations by the government. I had been reading the NY Times article, not the one linked above. https://www.nytimes.com/2018/11/19/business/nissan-carlos-ghosn-misconduct.html https://www.nytimes.com/2018/11/19/business/nissan-carlos-gh...

nraynaud 8y ago
Don't wank too much on Japan, they have Yakuza who are actually doing the turn that the Corleone family was trying to make towards hedge funds, without doing the jail time is normally required in between the two activities. Nothing is perfect.
bantunes 8y ago
Japan is also the country where there's 99% conviction rate in the courts (imagine what that entails) and you can be held by the police without charges for 30 days.
- WorldMaker 8y ago
  What little I know about Japanese law is from English translations of the Ace Attorney series, but one of the clear things from those (silly) games is that Japan seems to have a guilty-until-proven-innocent approach in courts. (This seems somewhat mitigated by prosecutors supposedly not even bringing innocent people forward to trial at all, but in the Ace Attorney series the number of cheating prosecutors doesn't seem to make it a very trustworthy system. Then again, given there wouldn't be trials for the games' defendant protagonists to solve if that weren't the case, it may be anecdotally skewed for the benefits of gameplay. Given how much psychic powers factor into the series, I try to make no assumptions.)
  - giobox 8y ago
    I know absolutely nothing about the Japanese legal system, but I suspect using the Ace Attorney series of video games to try and draw meaningful conclusions is probably not the wisest idea...
baybal2 8y ago
>* A chair/CEO of a global corporation wanted $8.5 million in salary, and that was considered too much (this was a response from European stakeholders too). He took less. You know, in Japan C-Levels don't get salaries anywhere that high. CEO of Mitsui (that Mitsui,) only earns around $1m

nraynaud 8y ago

Don't wank too much on Japan, they have Yakuza who are actually doing the turn that the Corleone family was trying to make towards hedge funds, without doing the jail time is normally required in between the two activities. Nothing is perfect.

bantunes 8y ago

Japan is also the country where there's 99% conviction rate in the courts (imagine what that entails) and you can be held by the police without charges for 30 days.

WorldMaker 8y ago
What little I know about Japanese law is from English translations of the Ace Attorney series, but one of the clear things from those (silly) games is that Japan seems to have a guilty-until-proven-innocent approach in courts. (This seems somewhat mitigated by prosecutors supposedly not even bringing innocent people forward to trial at all, but in the Ace Attorney series the number of cheating prosecutors doesn't seem to make it a very trustworthy system. Then again, given there wouldn't be trials for the games' defendant protagonists to solve if that weren't the case, it may be anecdotally skewed for the benefits of gameplay. Given how much psychic powers factor into the series, I try to make no assumptions.)
- giobox 8y ago
  I know absolutely nothing about the Japanese legal system, but I suspect using the Ace Attorney series of video games to try and draw meaningful conclusions is probably not the wisest idea...

baybal2 8y ago

>* A chair/CEO of a global corporation wanted $8.5 million in salary, and that was considered too much (this was a response from European stakeholders too). He took less. You know, in Japan C-Levels don't get salaries anywhere that high. CEO of Mitsui (that Mitsui,) only earns around $1m