Report on Fuji Xerox New Zealand Accounting Scandal Details Excesses, Weak Oversight

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A corporate culture of “sales at any cost” lay at the heart of Fujifilm Holdings’ disastrous ¥37.5 billion accounting scandal at its Fuji Xerox New Zealand and Australian subsidiaries, according to recently translated reports that have been released from the Japanese company’s investigation. The internal probe was launched in the wake of fraud allegations in

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