The management staff along with the CEO owe a fiduciary obligation towards the Board and can't withhold any details asked for from the Board,” he stated. The catalyst for the current condition began when Hitachi, as Component of its risk administration and corporate governance where by

The ecosystem leader goes on to mention, “The Petition is extremely harmful towards the administration workforce who may have a duty to clarify by themselves. Before my having access to the Hitachi winding up petition papers, I'd put in Nearly two weeks inquiring industry players, prese

“If This really is confirmed to be true, then I am really astounded because of the steps on the administration team in dealing with their own Board and shareholder. Hitachi is the only real shareholder of the corporate and they, along with the Board they appointed, have total authority and ele