The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.

Purpose / Research Problem – This dissertation aims at investigating the Corporate Governance scandal that occurred at Olympus Corporation in 2011. Drawing from its analysis and conclusions, the study arrives to a set of factors influencing such a scandal, such as corporate culture and poor Corporat...

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Main Author: Sadet, Fabien
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Subjects:
Online Access:https://eprints.nottingham.ac.uk/26530/
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author Sadet, Fabien
author_facet Sadet, Fabien
author_sort Sadet, Fabien
building Nottingham Research Data Repository
collection Online Access
description Purpose / Research Problem – This dissertation aims at investigating the Corporate Governance scandal that occurred at Olympus Corporation in 2011. Drawing from its analysis and conclusions, the study arrives to a set of factors influencing such a scandal, such as corporate culture and poor Corporate Governance design. The research has not yet fully explored this scandal, although it appears important in order to enhance Corporate Governance designs around the world. Design / Methodology / Approach – The study examines the drivers of the Olympus scandal through a thorough document analysis. Data was gathered through a set of 54 newspapers articles, from 3 main sources (The Economist, Financial Times and The Guardian). Several complementary sources were used too, such as insiders’ reports and an independent committee report. Findings – From this study, we establish the importance of several drivers of this kind of scandals: corporate culture, individual attributes and most of all Corporate Governance mechanisms. Consequences for various stakeholders are also considered. Particularly, Japanese Governance must adapt to international standards and improve its regulation, as several factors suggest a propitious environment for such scandals. Research limitations & Implications – The topic has been investigated through a single case study, consequently generalizability should be considered cautiously, drawing on several other cases. The results will help managers foster a Corporate Governance reform in Japan, through standards improvements, emphasizing a need for culture awareness when drafting it. Originality & Value – This study is one of the first attempts to study the entirety of the Olympus Scandal, and draws on its conclusion to suggest areas of Corporate Governance reform. Also, it is important to analyze Corporate Governance scandals and understand their key drivers in order to prevent any other one in the future.
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spelling nottingham-265302018-01-23T01:06:30Z https://eprints.nottingham.ac.uk/26530/ The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan. Sadet, Fabien Purpose / Research Problem – This dissertation aims at investigating the Corporate Governance scandal that occurred at Olympus Corporation in 2011. Drawing from its analysis and conclusions, the study arrives to a set of factors influencing such a scandal, such as corporate culture and poor Corporate Governance design. The research has not yet fully explored this scandal, although it appears important in order to enhance Corporate Governance designs around the world. Design / Methodology / Approach – The study examines the drivers of the Olympus scandal through a thorough document analysis. Data was gathered through a set of 54 newspapers articles, from 3 main sources (The Economist, Financial Times and The Guardian). Several complementary sources were used too, such as insiders’ reports and an independent committee report. Findings – From this study, we establish the importance of several drivers of this kind of scandals: corporate culture, individual attributes and most of all Corporate Governance mechanisms. Consequences for various stakeholders are also considered. Particularly, Japanese Governance must adapt to international standards and improve its regulation, as several factors suggest a propitious environment for such scandals. Research limitations & Implications – The topic has been investigated through a single case study, consequently generalizability should be considered cautiously, drawing on several other cases. The results will help managers foster a Corporate Governance reform in Japan, through standards improvements, emphasizing a need for culture awareness when drafting it. Originality & Value – This study is one of the first attempts to study the entirety of the Olympus Scandal, and draws on its conclusion to suggest areas of Corporate Governance reform. Also, it is important to analyze Corporate Governance scandals and understand their key drivers in order to prevent any other one in the future. 2013-09 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26530/1/Olympus_Dissertation_-_2013_-_FSadet.pdf Sadet, Fabien (2013) The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan. [Dissertation (University of Nottingham only)] (Unpublished) Olympus Corporation Japan Japanese Corporate Governance Documentary Documents
spellingShingle Olympus Corporation Japan Japanese Corporate Governance Documentary Documents
Sadet, Fabien
The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.
title The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.
title_full The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.
title_fullStr The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.
title_full_unstemmed The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.
title_short The Olympus Scandal: a documentary investigation inside a major Corporate Governance Scandal in Japan.
title_sort olympus scandal: a documentary investigation inside a major corporate governance scandal in japan.
topic Olympus Corporation Japan Japanese Corporate Governance Documentary Documents
url https://eprints.nottingham.ac.uk/26530/