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Stock impact report

Prudential Japan CEO Exit Tests Governance And Investor Confidence [Yahoo! Finance]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
Prudential Financial's Japan life insurance unit is undergoing a leadership change after its CEO resigned following an employee misconduct scandal. The incident involves misconduct by hundreds of employees and affected customers, triggering governance and oversight reviews at the Japan business. Investors are watching how Prudential Financial, NYSE:PRU, responds to the issue within its international operations framework. For investors looking at Prudential Financial, NYSE:PRU, the leadership shift in Japan comes as the stock trades around $109.87. Over the past 3 years the share price shows a 24.0% return and over 5 years a 68.9% return, which frames how the market has previously priced its business mix, including international operations. The Japan unit issue puts a spotlight on internal controls, risk culture, and how management deals with conduct problems that touch a large group of employees and customers. As the company works through this transition, investors may focus Show less Read more
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