Nissan chairman Carlos Ghosn arrested for financial misconduct
Published: November 19, 2018 / Author: The Washington Post
Tim Hubbard, assistant professor of management in the University of Notre Dame’s Mendoza College of Business, said Ghosn’s arrest complicates a highly interconnected set of relationships between Nissan, Renault and Mitsubishi Motors — and could impact the equity stakes they have in each other.
“This has widespread implications for a large portion of the auto industry, as these alliances have become more critical in the increasingly interconnected design, manufacturing and support of auto customers worldwide,” he said. “Ghosn’s arrest is another unfortunate example of the perils of having too much power concentrated in one individual within — and across — corporations.”