SAFE Seminar Series 2012
SAFE Seminar SeriesThe School of Accounting, Finance & Economics (SAFE) invites you to attend the fourth seminar in the 2012 series:
Invisible but Large: Aspects of the Hidden Transactions in International Business
Presented by: Professor Srikanta Chatterjee, School of Economics and Finance, Massey University, New Zealand.
With the progress of globalisation in recent decades, the volume of International business (IB) transactions has grown at a phenomenal pace. While much of these transactions follow accepted rules and practices, there remain a large and quite possibly growing, volume of IB transactions, financial and otherwise, that are of a 'hidden' nature.
This research aims to examine the factors and forces that contribute to the existence of the phenomenon - a generic and less colourful description of which perhaps is capital flight. It will seek to quantify the size of the transactions, and to identify their major sources with a view to understanding what sort of policy response might provide the incentives for at least some of these transactions to adopt a more formal, rule-based attitude.
The interface between national governments and law enforcement authorities and international agencies seeking to enforce common standards of practice in IB transactions is of crucial importance in understanding the issues involved in the operation of the hidden economy and in combating it. This research will address these aspects of the problem.
For more information on the Seminar Series contact the Seminar Coordinator, Associate Professor Zhaoyong Zhang, or visit the SAFE Seminar Series page linked in the "See also" section on this page.