Daily BriefsESG

Daily Brief ESG: If It Is a Deterrent to the Occurrence of Scandals and more

In today’s briefing:

  • If It Is a Deterrent to the Occurrence of Scandals, Is It Diversity?


If It Is a Deterrent to the Occurrence of Scandals, Is It Diversity?

By Aki Matsumoto

  • Fraud occurs regardless of the market on which the company is listed or the size of the company. Even if corporate governance is superficially in place, fraud will repeat itself.
  • If anything can deter the occurrence of scandals, it is diversity. It is necessary to create an organizational environment that accepts different values and allows people to voice their opinions.
  • In many cases, companies that committed fraud aren’t delisted, and management doesn’t take responsibility. There continues to be a bad tradition in which the whistleblower is blamed for the fraud.

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