Ousting Toshiba Chairman, Foreign Investors Score Breakthrough in Japan

While Japan’s corporations have long resisted the entreaties of activist shareholders, Toshiba had come under intense pressure after a series of scandals.

Japan Pushed Firms to Court Investors. Toshiba Preferred to ‘Beat Them Up.’

The industrial giant is in chaos after a hedge fund forced it to expose its collusion with high-level officials to thwart shareholder activism.