A spotlight has fallen on Prudential Life Insurance’s fully commission-based remuneration system, which is thought to have been a factor that led some of its employees to commit fraud over more than three decades. https://www.japantimes.co.jp/business/2026/02/12/companies/prudential-followup/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #insurance #corporategovernance #fraud #lifeinsurance #businessethics
The intense performance-based system at Prudential Life Insurance has been identified as a major factor behind the rampant misconduct uncovered at the company, newly appointed CEO Hiromitsu Tokumaru says. https://www.japantimes.co.jp/business/2026/02/10/companies/prudential-life-new-ceo/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #insurance #corporategovernance #fraud #lifeinsurance #businessethics
Prudential Life Insurance will suspend sales of new insurance policies following the discovery of widespread financial misconduct involving current and former employees. https://www.japantimes.co.jp/business/2026/02/04/companies/prudential-life-suspension-sales/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #lifeinsurance #insurance #corporategovernance #fraud #businessethics
The former chairman of publishing giant Kadokawa has been sentenced to two years and six months in prison for bribes linked to sponsorship contracts for the 2020 Tokyo Olympics and Paralympics. https://www.japantimes.co.jp/news/2026/01/22/japan/crime-legal/kadokawa-ruling/?utm_medium=Social&utm_source=mastodon #japan #crimelegal #2020tokyoolympics #corruption #businessethics #kadokawa #japanesecourts #haruyukitakahashi
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boosted
New publication: "Is Competition Inherently Sleazy? Why the Market Failures Approach Says Yes and Kantian Ethics Says No"
https://link.springer.com/article/10.1007/s10551-025-06056-z
New publication: "Is Competition Inherently Sleazy? Why the Market Failures Approach Says Yes and Kantian Ethics Says No"
https://link.springer.com/article/10.1007/s10551-025-06056-z