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Therefore, with corporate governance, the recall resulted $16milion in fines for Toyota for not releasing the problem and hiding the defect. Another, fascinating instance was from Sir Philip Green of BHS. He failed his mission to safe a greater future and foundation for the house shops when he and his spouse used employeesâ pension funds to purchase some properties for themselves. This resulted to him promoting BHS for Â£1 in March, 2015 to some little-known group of investors, rendering most of his retailers and workers in huge losses.
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