Corporate accountability refers to the obligation of corporations to be transparent, answerable, and responsible for their actions and decisions, especially regarding their impact on society, the environment, and the economy. This concept emphasizes that businesses should uphold ethical standards and be accountable to their stakeholders, including customers, employees, investors, and the community at large. It encompasses practices such as disclosure of information, adherence to laws and regulations, and responsiveness to public concerns and criticism. By fostering corporate accountability, companies can build trust, enhance their reputation, and contribute positively to sustainable development.
In a storm of controversy, Fujimasa Group's long-standing leader, Hisashi Hyuga, is under scrutiny for his unexpected absence from a crucial press conference. Questions flooded in as reporters demanded to…