Toshiba board, CEO blasted by Glass Lewis for poor governance

Tokyo

PROXY adviser Glass Lewis & Co has blasted Toshiba Corp's board for poor governance amid repeated scandals and recommended that investors vote against all directors at the company's shareholders meeting later this month.

In a 25-page report, the US firm detailed years of accounting troubles at the Japanese icon, clashes with accountants over financial statements, weak internal controls and management missteps that have put inves…