Article 4 The Rise, Fall & Escape of Carlos Ghosn, CEO of Nissan & Peugeot
This article assignment relates to an interesting story regarding Carlos Ghosn who previously masterminded the successful turnarounds of both Nissan and Peugeot and then became the CEO of both companies as well as helping Mitsubishi. Mr. Ghosn was known as a workaholic CEO and would fly back and forth (6,000 miles one way) each week between Tokyo and Paris where the companies are headquartered. He was considered a pioneer CEO with great vision and commanded a large compensation package. Then, in November 2018, Mr. Ghosn and a Nissan executive, Greg Kelly, were suddenly arrested after landing in Tokyo on charges of Mr. Ghosn understating his tax obligations. One of the primary tax issues in this case related to deferred compensation (Chapter 13 material) and it’s disclosure. Mr. Ghosn and his aide, Greg Kelly, claim that they did nothing wrong. Mr. Ghosn believed that he would not be able to provide an adequate defense for his position and there was much publicity to support him regarding the alleged unfairness of the Japanese prosecution system regarding Mr. Ghosn’s treatment as compared to US prosecutions. (Over 99% of cases that go to trial in Japan result in a conviction, usually based on a confession.) We don’t see anything like that conviction rate in the US trial system.
Then, on New Year’s eve of 2020, Mr. Ghosn arranged a daring escape to his birth home in Lebanon with the help of a team of people including a former green beret literally involving planes, trains and automobiles and a large musical box. He is currently still residing in Lebanon.
Instructions: Read through the following two articles (the second one was published in April) and short videos and comment on your impressions of this story. There is no required length here. I just want you to be exposed to this case.
https://www.wsj.com/articles/carlos-ghosns-french-arrest-warrants-focus-on-bonus-payments-11650648126?page=1
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more