The newly appointed president and chief operating officer (COO) in the Olympus Corporation of Japan was called to the meeting of the Board of emergencies. The purpose of the meeting was to discuss management issues with respect to mergers and acquisitions (M & A). However, this is not an ordinary meeting. Since taking on the role of the president in April 2011, the President found evidence of corporate fraud on a large scale. He commissioned an external audit report, which showed a significant loss of shareholder value. His call for changes to be made to the Board of Directors of Japanese were met by resistance. How he should plan a meeting? What could he expect? What position it should take? How it should influence decisions regarding the pressing problems of the company and its long-term corporate governance? "Hide
by Christopher Williams, Seijiro Takeshita Source: Richard Ivey School of Business Foundation 13 pages. Publication Date: February 24, 2012. Prod. #: W12751-PDF-ENG
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