Toshiba Corp.'s attempts to influence foreign activist investors with government help ahead of a general shareholders' meeting last year were problematic in terms of governance and compliance, the chairman of the Japanese conglomerate's board said Monday.Osamu Nagayama, head of Toshiba's board, apologized to people concerned, including shareholders, after a probe by lawyers revealed last week that the company sought the industry ministry's help in blocking proposals by foreign activist investors and the shareholder meeting was not conducted fairly.Nagayama said in an online briefing that fo…READ FULL ARTICLE
