Not only Nissan is struggling with governance reporting: data insight captured with Datamaran show Asian carmakers are lagging behind their European and American counterparts in reporting on governance.
This research looks at 16 companies Annual Financial Reports and SEC Filings in 2016, 2017 and 2018. 42 is a max. score per year per company (126 across all three years) represents the highest emphasis across all 14 governance topics.
The research has been done by using the Benchmark module on Datamaran. "Total Score" takes into consideration 14 Datamaran governance topics and emphasis each company places on them in its corporate reporting.
Investigating Nissan’s transparency
In a series of heatmaps produced by Datamaran, it’s clear that Nissan has failed to report critical corporate governance issues in its annual reports for the last three years. Had this been noted by shareholders and regulators, the lack of transparency should have given an advanced warning of a potential problem.
In this opinion piece, Datamaran CEO Marjella Alma argues why the recent Nissan's scandal should not have been a surprise.
Global Insights Report: The rise of ESG regulations
The evolution of accountability shows us it is only a matter of time before prominent voluntary initiatives will become mandatory regulations, as such being ahead of the curve will help businesses mitigate any backlash.
How can companies navigate the complexity of the constantly evolving ESG regulatory landscape? What voluntary initiatives are worth a consideration? What material non-financial topics are emerging and developing? Finally, with policymakers being the key stakeholder group for business, the report helps to analyze and identify their activities as well as potential impacts on business.
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