How Apple's phantom taxes hide billions in profit

On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some ...

Global competition: Combating emerging market multinationals

(Phys.org) -- Fast-growing companies in emerging markets pose a serious threat to established global firms in North America, Europe and Japan, but big corporations in the West have many advantages to help thwart the new competition, ...

Understanding what determines the benefits of bribery

Researchers in Hong Kong and the UK have found that a $1 investment in bribery returns $6–9 in terms of company value, with more money paid to an authority resulting in greater benefits. However, those benefits decrease ...

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