Commentary: Mitsubishi And `The Cement Ceiling'Edith Hill Updike and William J. Holstein
For years, Japan-watchers have warned Japanese companies expanding rapidly into the U.S. to do a better job of absorbing top American executives and giving them real authority. Mitsubishi Motor Manufacturing of America Inc. (MMMA)'s disastrous handling of a sexual-harassment suit by the Equal Employment Opportunity Commission is just the most recent example showing that companies ranging from Daiwa Bank to Sony Corp. haven't yet learned how to do that.
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