Nidec founder shut down call for accounting probe in 2017, report finds

A recent report reveals that Nidec founder Shigenobu Nagamori ignored calls for an accounting investigation in 2017, neglecting his responsibilities by not informing the company's board. An independent committee concluded his actions were a dereliction of duty, raising questions about transparency and oversight within the Japanese multinational. This situation highlights the importance of corporate governance and the potential repercussions of leadership decisions on the company's integrity and stakeholder trust. For more details, check out the full report on FT's website.