Dodgy accounting and Toshiba bosses resign

By : Administrator
Published 21st July 2015 |
Read latest comment - 21st July 2015

What is it with big business these days? Toshiba's CEO and President have quit after some dodgy accounting practices and overstated profits.

At least the Japanese know how to resign with dignity, by bowing to the journalists. I did wonder if someone was going to come along and chop their heads off 

"It has been revealed that there has been inappropriate accounting going on for a long time, and we deeply apologise for causing this serious trouble for shareholders and other stakeholders," the company said in a statement.

Source BBC: Toshiba chief executive resigns over scandal

Maybe we should adopt a similar style in the UK. Can you imagine the bosses of Tesco or RBS bowing to the press and saying sorry?


Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn
Comments

Are there any honest CEOs do you think? 

I would love to see the Tesco boss bowing.....that'll be the day!


This Thread is now closed for comments