Toshiba’s independent probe was biased, say two former directors
The pair rejected the conclusions of a 139-page report by a law firm that determined the firm had worked with Japan’s trade ministry to prevent shareholders from exercising their rights.
Toshiba's top shareholder, Effissimo, seeks change after probe found foul play
The Singapore-based fund called on the group to improve its "dysfunctional" governance, after it was found to have colluded with the government to influence a general shareholders' meeting.
‘Deeply disturbing’ Toshiba report points to powerful figures
It’s a rare public account of how Japan’s bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders.
In revolt, four directors call for Toshiba shake-up after explosive probe
The public pushback by the independent directors, all non-Japanese, shows how the old guard of Japan Inc. can no longer exert full control over shareholders.
