By Lachlan Colquhoun Once a door into China, Hong Kong is increasingly the door through which Pearl River Delta businesses come out to meet the world. Hong Kong has always had a uniquely successful business model, but changes in China over the past 20 years have brought a major transformation in the dynamic. Where the territory… Read More Pearly gateway
by David Descôteaux From irrational markets to imbalanced budgets, some economic realities just never change. After a decade or so of following current events and writing about the economy, I am convinced that some things will never change. Here are a few observations that may help provide insight into economic news.
by George W. Russell The volatility of the Mainland stock markets has astonished investors and has had deep knock-on effects throughout the world. But, as George W. Russell reports, financial professionals are optimistic – provided Mainland companies can develop better corporate governance to withstand future shocks. Ferdinand Pecora, a prosecutor appointed by President Herbert Hoover… Read More Better corporate governance for Mainland Chinese companies in the works
Charles Honnywill, head of EY’s divestment advisory services explains how businesses can avoid the knock on the door from shareholder activists. Much has been reported about shareholder activism and how company boards should be ready to engage with activists who have done their homework and have a strategy involving radical change. This article was originally… Read More How to avoid shareholder activism
“A proper and rigorous accounting enforcement regime is key to securing and maintaining investors’ confidence in financial markets,” according to Michael Kavanagh, Head of Financial Reporting Supervision at the Irish Accounting and Auditing Supervisory Authority. Writing in the June edition of Accountancy Ireland, Mr Kavanagh considered the key points in the European Securities and Markets… Read More Accounting Enforcement in Europe
By Jemelyn Yadao Directors of listed companies are being buffeted by changes, from the new Companies Ordinance to revised connected transactions rules. Jemelyn Yadao finds out how CPAs are helping Hong Kong businesses avoid grey areas in an ever-changing regulatory landscape. When it comes to building investor confidence and genuine governance among companies in Asia,… Read More How Do Hong Kong CPAs Help Businesses Understand the New Companies Ordinance?