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S. Korean Companies Stay with Same Accounting Firm Too Long, Undermining Transparency

S. Korean Companies Stay with Same Accounting Firm Too Long, Undermining Transparency

SEOUL, Jan. 25 (Korea Bizwire) – South Korean companies tend to work with the same accounting firm for a long period of time, an analysis showed Wednesday, a practice partly blamed for corroborated cover-ups of financial troubles that later blow up in damaging losses for lenders and investors.  The analysis by corporate watcher CEO Score [...]