Sign up for our free daily newsletter
YOUR PRIVACY - PLEASE READ CAREFULLY DATA PROTECTION STATEMENT
Below we explain how we will communicate with you. We set out how we use your data in our Privacy Policy.
Global City Media, and its associated brands will use the lawful basis of legitimate interests to use
the
contact details you have supplied to contact you regarding our publications, events, training,
reader
research, and other relevant information. We will always give you the option to opt out of our
marketing.
By clicking submit, you confirm that you understand and accept the Terms & Conditions and Privacy Policy
Japanese companies need to respect their general counsel more if corporate problems are to be avoided, a leading commentator has said. Patrick Dransfield pointed to the weak role of general counsel in Japan, saying they have an 'enfeebled role' and saying that, with a few notable exceptions, 'it is my opinion that the general counsel in Japanese corporations are not respected within their companies.' In a letter to the Financial Times, the publisher of the Pacific Business Press in Hong Kong, Mr Dransfield, responding to Kobe's announcement that it had falsified data on substandard products sold to some 525 companies, said that until Japanese companies embraced 'the concept of an empowered internal function, unfortunately, there will be more scandals similar to Kobe Steel.' He says that while South Korea’s in-house counsel numbers have grown considerably in the past 14 years, Japan’s has 'floundered in comparison.'
Email your news and story ideas to: [email protected]