Tuesday, Oct. 17, 2006
Gift-giving in Japan is much more of a gray area than in Europe. Potential clients would be flattered and given presents. In the West, this would likely be refused and considered unethical.
I think there are more scandals here than in other countries. Perhaps this is because Japan has a nonconflict society and people can get away with more.
In the Japanese financial world, everybody is doing something untoward. Horie had poor communication skills in my opinion. He was anti-establishment so was used as a scapegoat.
Scandals happen frequently here but when they are uncovered, someone apologizes and people accept it. Perhaps the punishment for this type of crime is not strong enough.
Due to the money flowing through the construction industry, it is particularly prone to scandal. Whistle-blowing is the usual method of disclosure, but many cases remain hidden.
I worked for a Japanese company in Australia and it was very ethical. However, I have heard that in Japan there are fewer written rules on company ethics compared to the West.