Glass Lewis Says Not Best Time to Shuffle Toshiba Board

The transcript discusses the challenges faced by Toshiba, including accounting fraud and board issues. It highlights the recommendations made to shareholders, the historical context of these issues, and the need for board changes. The discussion also covers the responses from Toshiba and the importance of addressing these problems seriously.

What is the main concern of shareholders regarding the board recommendations?

• The recommendations are too lenient.

• The recommendations are too harsh.

• The recommendations are too late.

• The recommendations are too early.

Since when have the issues at Toshiba been raised?

• Since 2005

• Since 2020

• Since 2015

• Since 2010

What is one of the major issues Toshiba has faced?

• Supply chain disruptions

• Employee strikes

• Accounting fraud

• Product recalls

What is required for board members to be elected?

• No support

• Minority support

• Majority support

• Unanimous support

What message is intended to be sent to Toshiba with the board recommendations?

• To delay addressing the issues

• To take the issues lightly

• To ignore the issues

• To take the issues seriously