1. Toshiba, McDonald's Japan Booted from 'Good Governance' Index

    Toshiba, McDonald's Japan Booted from 'Good Governance' Index

    Tokyo (AFP) - Scandal-hit Toshiba and McDonald's Japan were on Friday booted from a stock index launched to highlight firms with the best return on equity and other shareholder friendly criteria. The shuffle comes as Toshiba grapples with a crisis that exposed a pattern of top executives pressuring underlings to inflate profits by about $1.2 billion since the 2008 global financial crisis...

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    1. It is outrageous that a major company that represents Japan repeatedly padded its profits on a corporate-wide basis.
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