Recruit scandal

E368270

The Recruit scandal was a major late-1980s Japanese political corruption affair involving insider trading and illicit share allocations to influential politicians and business leaders, which severely undermined public trust in the government.

All labels observed (3)

Label Occurrences
Recruit Cosmos scandal 1
Recruit incident 1
Recruit scandal canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf corruption scandal ⓘ
political scandal ⓘ
alsoKnownAs Recruit Cosmos scandal ⓘ
linked to: Recruit scandal

Recruit incident ⓘ
linked to: Recruit scandal
cause allocation of pre-IPO shares at below-market prices ⓘ
conflict of interest between public office and private gain ⓘ
consequence erosion of LDP’s clean government image ⓘ
increased public demand for transparency ⓘ
judicial investigations of high-ranking officials ⓘ
country Japan ⓘ
followedBy campaign finance reform discussions in Japan ⓘ
political reform debates in Japan ⓘ
hasEffect political crisis in Japan ⓘ
resignation of Prime Minister Noboru Takeshita ⓘ
resignations of cabinet members ⓘ
undermining public trust in the Japanese government ⓘ
hasLanguage Japanese ⓘ
industry real estate ⓘ
securities trading ⓘ
involves Japanese business leaders ⓘ
Japanese politicians ⓘ
Recruit Co., Ltd. ⓘ
linked to: Recruit Holdings

Recruit Cosmos ⓘ
legalCharge bribery ⓘ
violation of securities laws ⓘ
location Japan ⓘ
mainSubject illicit share allocations ⓘ
insider trading ⓘ
political corruption ⓘ
mediaCoverage extensive coverage by Japanese newspapers ⓘ
extensive coverage by Japanese television ⓘ
notableAspect involvement of top-level national politicians ⓘ
symbol of money politics in Japan ⓘ
use of unlisted shares as a form of bribery ⓘ
participant Kakuei Tanaka ⓘ
Kiichi Miyazawa ⓘ
Liberal Democratic Party (Japan) ⓘ
Noboru Takeshita ⓘ
Shin Kanemaru ⓘ
Yasuhiro Nakasone ⓘ
politicalContext Liberal Democratic Party dominance in Japanese politics ⓘ
publicReaction decline in support for the ruling Liberal Democratic Party ⓘ
widespread public outrage in Japan ⓘ
significantPeriod late 1980s ⓘ
startTime 1988 ⓘ
temporalContext Japanese asset price bubble era ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Noboru Takeshita → causeOfResignation → Recruit scandal ⓘ
Recruit scandal → alsoKnownAs → Recruit Cosmos scandal ⓘ
linked to: Recruit scandal
Recruit scandal → alsoKnownAs → Recruit incident ⓘ
linked to: Recruit scandal