Nobuo Mori, managing director of AlixPartners’ financial advisory services group, gives his input on common transfer pricing issues in Asia-Pacific and how to avoid being entangled with the tax bureau.
Asian-based companies are apparently lacking the wherewithal to fight corruption and India, Indonesia and China are suffering most for it in the fraud league tables.
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.