The arrest and extended detention of business legend Carlos Ghosn has rocked the global business world, sparking debate about the state of Japanese corporate governance, Japan’s criminal justice system, Nissan’s internal controls and, of course, Carlos Ghosn himself.
How is the Ghosn affair being viewed in Japan and abroad? Will the case affect how foreign companies perceive the investment climate in Japan? Will the case lead to changes in Japanese corporate governance or justice system?
Join us for an in-depth discussion of the Ghosn case and its implications by two experts who have been following the matter closely. One of the experts is Glen S. Fukushima, a Senior Fellow at the Center for American Progress in Washington DC, who splits his time between DC, Tokyo, and San Francisco. With his experience as a US trade official, a Tokyo-based business executive, and an academic, he brings an insider’s perspective to this case. Susan Resley, another expert, leads the securities enforcement practice for Morgan Lewis, a global law firm with offices in San Francisco and Tokyo. She is perfectly positioned to explain the charges against Ghosn, how our two justice systems handle these cases and implications for foreign-owned business in Japan. The discussion will be moderated by Nancy Yamaguchi, Partner at Morgan Lewis and Japan Society board member.
Don’t miss this timely and relevant program!
Members: $15 | Non-Members: $25
Lunch will be provided.
日産自動車の代表取締役会長だったカルロス・ゴーン氏は、2015年3月期までの5年間の有価証券報告書に報酬額を実際の額よりも少なく記載した金融商品取引法違反（有価証券報告書の虚偽記載）の容疑で、東京地検特捜部に逮捕されました。この事件により、日産自動車の内部統制などコーポレートガバナンス（企業統治）のあり方が厳しく問われることになったのは周知の通りです。これまでの経緯、今後の展開などについて、Center for American Progressのグレン福島と、Susan D. Resley, Partner, Morgan, Lewisが日産・ゴーン事件とコーポレイトガバナンスについて解説します。
Glen S. Fukushima, Senior Fellow, Center for American Progress
Glen S. Fukushima worked on US-Japan and US-China trade negotiations at USTR (Office of the U.S. Trade Representative) from 1985-90, then had a 22-year business career in one European and four American multinational corporations, including as Vice President of AT&T Japan and President & CEO of Airbus Japan. He was elected to two terms as President of the American Chamber of Commerce in Japan and is currently a Board member of the Japan-America societies in Boston, San Francisco, and Washington, DC, as well as Honorary Co-Chairman of the National Association of Japan-America Societies. In 1993, he declined an offer to be Assistant Secretary of Commerce for International Economic Policy, and from 2015-2016, he was a member of Hillary Clinton’s Asia Policy Working Group. He is currently a Senior Fellow at the Center for American Progress, a Washington, DC think tank. He is the author of The Politics of US-Japan Economic Friction, which won the Ohira Prize in 1993.
Susan D. Resley, Partner, Morgan, Lewis & Bockius LLP
Leading Morgan Lewis’s securities enforcement practice, Susan D. Resley advises companies, boards and their committees, individual directors, senior officers, and employees of companies, as well as accounting firms, brokerage and investment advisory firms, and other financial institutions in internal investigations and regulatory investigations and proceedings brought by the Securities and Exchange Commission’s (SEC) Division of Enforcement, the Department of Justice (DOJ), and the Public Company Accounting Oversight Board (PCAOB). Her engagements include high profile as well as non-public investigations.
Nancy Yamaguchi, Partner, Morgan, Lewis & Bockius LLP
Nancy Yamaguchi (Moderator) is a Partner at Morgan Lewis in San Francisco and Silicon Valley. She advises technology companies across the world on cross-border mergers and acquisitions, strategic and venture capital investments and joint ventures. Her clients include companies in the semiconductor, automotive, banking, IT, and software industries, among others. Nancy also has a focus on settlement of disputes, including litigation, and she has successfully settled complex disputes involving technology and intellectual property rights, key employees and equity compensation issues. She counsels clients on best practices on handling legal matters with a view to circumventing litigation or other legal disputes.