MMC mess shows Japan managers being made accountable

Newswire

By Miki Shimogori TOKYO, June 29 (Reuters) - A seemingly endless recall scandal involving Japan's fourth-biggest auto maker, Mitsubishi Motors Corp (MMC) , underlines the high price a company can pay for poor management accountability. MMC's share price has halved since mid-April, as a succession of late recalls of faulty vehicles led to arrests of former top executives and prompted German-American partner DaimlerChrysler to pull the plug on a financial aid package. Angry shareholders ...

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