Toshiba: probe into government collusion a warning to foreign investors in Japan
ishwarkimmins, 12 June 2021
Toshiba’s top executives once wrote in an email asking government officials to “defeat” hedge funds. Demand reported in an independent survey of shareholder consignments shows why shareholder activists rarely succeed in Japan.
Is Report on page 147 Learn more about the long-running battle between Japanese technology groups and foreign shareholders, including the Harvard Foundation and Singapore-based Effissimo. Toshiba concludes that it has colluded with the government to thwart foreign investors. Toshiba says it will review the report. Continue reading “Article: Toshiba: probe into government collusion a warning to foreign investors in Japan”
