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Related Party Transactions In Commonwealth Asia: Complicating The Comparative Paradigm, Dan W. Puchniak, Umakanth Varottil
Related Party Transactions In Commonwealth Asia: Complicating The Comparative Paradigm, Dan W. Puchniak, Umakanth Varottil
Research Collection Yong Pung How School Of Law
The World Bank’s influential Doing Business Report (DBR) has been a key platform for the American-driven dissemination of global norms of good corporate governance. A prominent part of the DBR is the related party transactions (RPT) index, which ranks 190 jurisdictions from around the world on the quality of their laws regulating RPTs. According to the RPT Index, the regulation of RPTs in Commonwealth Asia’s most important economies is stellar. In the 2018 RPT Index, Singapore ranked 1st, Hong Kong and Malaysia tied for 3rd, and India came in at 20th. However, despite the uniformly high RPT Index scores in …