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Jacoby Comments on Fall of Top Auto Industry Executive

Sanford Jacoby, distinguished professor emeritus of public policy at UCLA Luskin, commented in a front-page New York Times story on Carlos Ghosn, Nissan’s former chairman who was recently arrested in Japan on allegations of financial wrongdoing. The allegations include withholding millions of dollars in income in financial filings for several years, according to the Times report. “Even when a company is a global multinational company, it’s still stamped by its country of origin and the place where it has its headquarters,” said Jacoby, who has studied and written about employment relations in Japan. Jacoby, who also holds appointments in management and history at UCLA, said in Japan more weight is placed “on egalitarian policies of government and pay and other things.”