Below, I will be using two direct quotes from two sources. For easier understand between direct information and second hand, I have highlighted individual information and put a legend on the bottom.
According to Soble (New York Times), ‘Senior executives were singled out for blame. The committee said it had discovered “systematic involvement, including by top management, with the goal of intentionally inflating the appearance of net profits.” Toshiba financial officials, it said, had “deliberately provided insufficient explanations to auditors, with the intention of carrying out a systematic cover-up.”’ This quote above defines the entire controversy for Toshiba. In the article, Soble, an accredited writer for the New York Times, describes the recent accounting scandal that has been going on for the last five or so years. The higher up executives were the ones to blame for this misconduct and thus all resigned. It has shattered Toshiba’s reputation in Japan and worldwide. According to Edwards, the founding editor of Business Insider (Business Insider), “A report by independent investigators released on Monday said Toshiba had overstated its operating profit by 151.8 billion yen ($1.22 billion) over several years, roughly triple Toshiba's initial estimate. Tanaka and his predecessor, Sasaki, were aware of the overstatement of profits, it said.” This piece from Business Insider shows how big this incident really is. as well, it points out how the executives of Toshiba were perfectly aware of the costs of the scandal.
This color signifies the authors credibility.
This color signifies the direct quotes from the articles
This color signifies any important info within the quote.
This color signifies my contextualization of the quotes.
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