Third-Party Committees

After a scandal, a Japanese company may appoint a daisansha iinkai, a third-party committee of outside experts. A guideline of the Japan Federation of Bar Associations describes its purpose. It investigates for all stakeholders and publishes the results, in order to restore the company’s trust and its ability to continue.

One type of committee analyzes the causes and, where needed, proposes concrete measures to prevent a repeat, saihatsu bōshi-saku.

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