TOP TIPS: Why Chinese CFOs might want insurance
Accounting lapses and share price plunges of US-listed Chinese companies have triggered lawsuits against Chinese directors and CFOs. Insurance for senior executives is essential.
Last year, more than 20% of all securities class action lawsuits filed in the US targeted US-listed Chinese companies. The litigious corporate culture in the US has proved unsettling to many Chinese companies’ executives and their financial chiefs.
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