One reason for such an imbalance involves the difficulties in studying roots in their heterogeneous and opaque environment.
Without this 'sunshine' on natural resource deals, business will continue to be conducted in an opaque environment that enables payments to end up in the wrong hands.
In my company, RampRate Sourcing Advisors, which deals with similar issues of managing risk in an opaque environment, I've learned that it's not about making a single right decision.
By promoting the stock market, Ubide said, authorities could kill two birds with one stone: push enterprises to the relatively less opaque environment of raising money through equity sales on exchanges while encouraging everyday Chinese to buy up that equity for the long-term in the manner of other industrialized countries, where retirements are often partly or wholly invested in stock markets.
The future success of POST is enhanced by the ability to follow marine organism movement and migration patterns in an otherwise opaque environment, and to track these organisms between freshwater and marine environments.
In Syria's notoriously opaque political environment, it is impossible to tell which way the president is leaning.
Public funding, exposure and an opaque investment environment make it difficult for startups to succeed and thrive.
First, due diligence is difficult in such an opaque business environment, where corporate registration requirements need to be improved and naming conventions are different.
And what this meant was, not just Enron but its banking partners like Goldman Sachs, like Merrill Lynch at the time, which became later part of Bank of America during the last financial crisis, were able to basically be copartners in creating a very opaque trading environment around energy.
