Accounting Fraud at Japanese Companies

Dutta, S. K. and R. Lawson (2018) Accounting fraud at Japanese companies. Strategic Finance. November 2018.

10 Pages Posted: 3 Dec 2018

See all articles by Saurav K. Dutta

Saurav K. Dutta

State University of New York (SUNY) at Albany

Raef A. Lawson

Institute of Management Accountants

Date Written: November 1, 2018

Abstract

Japanese companies in the 1980s were looked upon as the models for business innovation. Admired by the rest of the world for manufacturing efficiency and business strategy, Japanese companies were renowned for pioneering management techniques such as kaizen, target costing, and flexible manufacturing. Yet in recent years, the Japanese economy has experienced a spate of corporate scandals.

Facing business setbacks, companies altered product data, hid losses, and even resorted to issuing misleading financial reports. Shareholder value was damaged, and consumers were outraged. What changed, and how could these scandals have been avoided?

Keywords: Japanese, Corporate Governance, Fraud, Olympus, Toshiba, Price-Masking

Suggested Citation

Dutta, Saurav K. and Lawson, Raef A., Accounting Fraud at Japanese Companies (November 1, 2018). Dutta, S. K. and R. Lawson (2018) Accounting fraud at Japanese companies. Strategic Finance. November 2018. . Available at SSRN: https://ssrn.com/abstract=3281208 or http://dx.doi.org/10.2139/ssrn.3281208

Saurav K. Dutta (Contact Author)

State University of New York (SUNY) at Albany ( email )

135 Western Ave
Building, Room 109
Albany, NY 12222
United States

Raef A. Lawson

Institute of Management Accountants ( email )

10 Paragon Drive
Montvale, NJ 07645-1760
United States
2014741532 (Phone)
2014741603 (Fax)

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