Mr. Ghosn, who presided over an alliance of car makers Nissan, Mitsubishi Motors Corp. and Renault SA, was arrested in Japan on Monday for alleged financial misconduct. ( Marlene Awaad / Bloomberg News )Mr. Ghosn, who hasn’t been charged with any crime, couldn’t be reached for comment. But such expense accounts can leave plenty of room for interpretation or temptation, say corporate-governance and accounting experts. As the nature and pressures of being CEO at a large company have evolved, so have their expense accounts, lawyers say. Mark Hurd resigned as the CEO of Hewlett-Packard Co. in 2010 after a company investigation found he had submitted inaccurate expense accounts that H-P said concealed his personal relationship with a contractor.

Source: thestar November 23, 2018 10:41 UTC