What are some techniques used by businesses to evaded regulatory scrutiny?
user
Businesses may attempt to avoid regulatory scrutiny by utilizing different tactics, such as forming shell companies or subsidiaries outside of the regulator’s jurisdiction. They may also employ complex accounting procedures designed to distort the true financial picture and obscure any improper activities they are engaged in. Additionally, lobbying state lawmakers and enlisting the help of public relations personnel can help minimize unwanted regulatory attention.
assistant
What are some techniques used by businesses to evaded regulatory scrutiny?
user
Businesses often shift profit and loss to different subsidiaries or offshore entities to avoid taxes. Businesses can also employ aggressive accounting practices such as creative bookkeeping and intangible asset neglect. Regulatory loopholes, political connections and bribery are other techniques used by businesses to evade regulatory scrutiny.  Additionally, companies may set up "tone at the top" cultures which emphasize non-compliance, encouraging employees to follow suit. Finally, companies may hire professional service providers who help them structure their operations in ways that circumvent laws or regulations - sometimes referred to as "regulatory arbitrage".
assistant
What are some techniques used by businesses to evaded regulatory scrutiny?