Firms could get caught in Asia as corruption rules tighten


SINGAPORE: Multinational companies trying to get a bigger piece of the Asia growth story face a rising risk of becoming embroiled in corruption scandals unless they enforce stricter compliance norms and new regulations.

The region may have moved centrestage in many companies' growth strategies as developed economies struggle but firms are also scrutinising investment projects even more and stepping up due diligence before jumping into new joint ventures and mergers and acquisitions.

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