What sort of governance system is in place at Toyota?
Toyota has adopted an auditing system based upon the Japanese Corporation Act. In addition, Toyota has established a variety of in-house deliberative bodies. This includes the CSR Committee to assess and monitor Toyota's management and corporate activities from the standpoint of all its stakeholders. In addition, Toyota has developed basic policies for maintaining an internal control system and regularly receives advice from outside experts with a global perspective.
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Find out more details on Corporate Governance Report.