Nissan Stood Out for Bad Governance Structures, Jefferies' Khan Says

The transcript discusses Nissan's governance issues, highlighting its lack of independent directors and poor governance structures compared to other Japanese companies. It explores the broader context of corporate governance in Japan, noting that while some companies are improving, others like Nissan, Toshiba, and Olympus face significant challenges. The importance of shareholder alignment and board member share ownership is emphasized as a key factor in good governance. The potential for Nissan's turnaround is considered, with the formation of governance committees and the selection of qualified independent directors as positive steps.

How does the corporate culture in Japan affect governance practices?

What correlation exists between board members owning shares and good governance?

What role do independent directors play in the governance of successful companies?