Hong Kong is playing second fiddle to Singapore because of the overpowering influence of its business tycoons, an ACGA-CLSA study on corporate governance shows, citing Sun Hung Kai as an example.
Governments are increasingly sensitive about the impact of transfer pricing. As economies dull, tax becomes a very thorny issue. CT reports on the regulatory moves to prevent tax from leaking out
The latest fraud survey by Ernst & Young reveals as the economic downturn draws on, CFOs in Asia are more willing to massage company numbers to keep ahead of the game.