Critics allege that executive compensation consultants face potential conflicts of interest (lack of independence) that might lead to higher CEO pay. Conflicts of interest include the desires to "cross-sell" service and to secure "repeat business". Using a unique data set of compensation...

Since the last overhaul and amendment in 1984, Hong Kong's Companies Ordinance has not been substantially reviewed for over 23 years. After similar reviews having been taken in other countries, the Government launched a comprehensive review and rewrite of the Companies Ordinance in mid-2006...

A number of factors are likely to have restrained household spending growth over the recent past, including weak income growth, tight credit conditions, concerns about debt levels, the fiscal consolidation and uncertainty about future incomes. This article examines the factors affecting spending...