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Toshiba blames woes on former CEO’s ‘confrontational approach’ to shareholders

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(Corrects fourth paragraph to say two foreigners will be included in strategic review, not two new foreigners on board) By Makiko Yamazaki TOKYO (Reuters) -Japan’s Toshiba Corp on Monday blamed its former chief executive for fomenting a “confrontational approach” to shareholders, citing that as underlying factor in its widening governance crisis. The comment from Osamu Nagayama, the chairman of Toshiba’s board, comes after a shareholder-commissioned investigation revealed the company colluded with the Japanese government to “beat up” foreign shareholders. One shareholder has described the scan…

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