Financial Times (June 20)
2017/ 07/ 01 by jd in Global News
“Six months into its financial crisis, Toshiba is shaping up as the Sistine Chapel of corporate catastrophes: you have to lie on your back to appreciate its scale, and once you get your eye in, the beauty is mesmerising.” Toshiba’s sweeping catastrophe “encapsulates much that investors — both foreign and domestic — have long despaired.” And “for a Japanese government apparently committed to reversing decades of shoddy corporate governance… Toshiba provides the perfect example of why it is pushing for change.”
Tags: Catastrophe, Corporate governance, Despair, Financial Crisis, Government, Investors, Japan, Scale, Shoddy, Sistine Chapel, Toshiba
