People walk inside a building in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato
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The stunning arrest, indictments and long incarceration of former Nissan Motor Co. Chief Executive Officer Carlos Ghosn have given pause to foreign executives considering taking on senior jobs at Japanese companies. As Ghosn enters his fourth month in jail and awaits a trial still several months away, the imprisonment of the Japanese business world's most high-profile foreigner may stymie the nation's efforts to diversify its corporate ranks with overseas talent, according to management experts. Japan has a limited history with foreign CEOs.To be sure, there are still many foreigners who want to work in Japan and won't be deterred by Ghosn's case, said Anne Raphael, Paris-based managing partner at Boyden France who helps luxury-goods companies do executive searches.Foreign executives seeking to work in Japan likely have a special fondness for the country, Raphael said. Recently, two foreign candidates for executive positions decided to wait and see how the Ghosn case plays out before accepting offers, Abel said.Ghosn's case also comes at a time of increased demand at many Japanese companies for foreigners to join their boards of directors, said Nobuyuki Tsuji, who manages the Tokyo office for recruitment firm Spencer Stuart.
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