Olympus scandal
The Olympus scandal was precipitated on 14 October 2011 when British-born Michael Woodford was suddenly ousted as chief executive of international optical equipment manufacturer Olympus Corporation. He had been company president for six months, and two weeks prior had been promoted to chief executive officer, when he exposed "one of the biggest and longest-running loss-hiding arrangements in Japanese corporate history", according to The Wall Street Journal. Tsuyoshi Kikukawa, the board chairman, who had appointed Woodford to these positions, again assumed the title of CEO and president. The incident raised concern about the endurance of tobashi schemes, and the strength of corporate governance in Japan.
Wikipage redirect
Accounting scandalsEditors' Choice Magazine Journalism AwardFacta (magazine)List of corporate collapses and scandalsList of people involved in the Olympus scandalList of whistleblowersMichael Christopher WoodfordOlympus CorporationOlympus Corporation scandalOlympus ScandalStatutory auditorTsutomu OmoriWeil, Gotshal & Manges
Link from a Wikipage to another Wikipage
primaryTopic
Olympus scandal
The Olympus scandal was precipitated on 14 October 2011 when British-born Michael Woodford was suddenly ousted as chief executive of international optical equipment manufacturer Olympus Corporation. He had been company president for six months, and two weeks prior had been promoted to chief executive officer, when he exposed "one of the biggest and longest-running loss-hiding arrangements in Japanese corporate history", according to The Wall Street Journal. Tsuyoshi Kikukawa, the board chairman, who had appointed Woodford to these positions, again assumed the title of CEO and president. The incident raised concern about the endurance of tobashi schemes, and the strength of corporate governance in Japan.
has abstract
Skandal Olympus merupakan sala ...... ktur Utama perusahaan Olympus.
@in
The Olympus scandal was precip ...... 2015 to reduce its cost base.
@en
オリンパス事件（オリンパスじけん）とは、オリンパス株式会社が ...... 長らは辞任、オリンパスは上場廃止の瀬戸際に立つことになった。
@ja
Link from a Wikipage to an external page
Wikipage page ID
33,708,486
page length (characters) of wiki page
Wikipage revision ID
1,009,379,460
Link from a Wikipage to another Wikipage
align
left
@en
right
@en
belowstyle
background:#ddf;
@en
colwidth
data
Auditors: KPMG, Ernst & Young
@en
ITX , Altis, Humalabo and News Chef , Gyrus Group
@en
Intermediaries: Hajime Sagawa, Akio Nakagawa, Nobumasa Yokoo
@en
Olympus Corporation: Michael C. Woodford, Tsuyoshi Kikukawa, Hisashi Mori, Hideo Yamada;
@en
date
2011-10-14
2011-11-23
2011-11-29
fontsize
headerstyle
background:#ccf;
@en
label
Corporate casualties
@en
Key players
@en
Missing assets
@en
Official investigations
@en
Suspicious acquisitions
@en
labelstyle
background:#ddf;
@en
name
Infobox/doc
@en
place
Tokyo, Japan
@en
quote
"As we have troubled our custo ...... is right to representation ...
@en
"It has become clear that advi ...... ng of which had been put off."
@en
"Michael C. Woodford has large ...... making by the management team.
@en
"The eventual cost of the Tran ...... rectors' duties by the board."
@en
Hence, judging that realisatio ...... the representative director."
@en
Investors have expressed opini ...... ing in other listed companies.
@en
Mr Kikukawa will become a dire ...... ill replace him as president."
@en
refs
source
Olympus press release: "Olympu ...... President Michael C. Woodford"
@en
PriceWaterhouseCoopers report on the 2008 Olympus acquisitions
@en
– Olympus statement about advisory fees, November 2011
@en
– Olympus statement announcing departure of Kikugawa
@en
– Tokyo Stock Exchange statement
@en
title
Olympus scandal
@en
width
wikiPageUsesTemplate
subject
type
comment
Skandal Olympus merupakan sala ...... ktur Utama perusahaan Olympus.
@in
The Olympus scandal was precip ...... corporate governance in Japan.
@en
オリンパス事件（オリンパスじけん）とは、オリンパス株式会社が ...... 長らは辞任、オリンパスは上場廃止の瀬戸際に立つことになった。
@ja
label
Olympus scandal
@en
Skandal Olympus
@in
オリンパス事件
@ja