Tag Archives | Michael Woodford

GMI Ratings Governance Update | Olympus Corp.

Olympus Corp. (OCPNF.PK) said it returned to a profit during the six months ended September 30, but the equipment maker also warned that it will sell fewer digital cameras than expected. Investors should prepare for the possibility of more surprises down the road. Olympus earned ¥8.015 billion during the six month period – boosted by ¥15.887 [...]

Continue Reading ·

Investment Advice from ex-Olympus Chief Michael Woodford

By Kimberly Gladman, Director of Research and Risk Analytics In a riveting speech to the Council of Institutional Investorsyesterday, former Olympus President Michael Woodford described the events leading to his discovery of the massive fraud at the Japanese equipment maker, as well as his subsequent dismissal. The personal details were compelling. Woodford told the audience about the [...]

Continue Reading · Comments { 2 }