A corporate scandal refers to an incident or event involving unethical, illegal, or morally questionable actions by a corporation or its executives that results in public outrage, legal consequences, and damage to the company’s reputation. These scandals often involve activities such as fraud, embezzlement, insider trading, accounting irregularities, environmental violations, or breach of fiduciary duty. The fallout from such scandals can lead to significant financial penalties, loss of investor confidence, and sometimes criminal charges against the individuals involved. Corporate scandals typically receive widespread media coverage and can have lasting implications for stakeholders, including employees, customers, and the broader market.
TV Asahi faces a scandal involving a senior executive director's misuse of company funds and workplace harassment from 2019 to 2025, exposing corporate governance issues. The director exploited accounting loopholes,…