… but HSBC study disagrees

In contrast to the INSEAD/UBS study, another report, this time from HSBC Private Bank, finds that leading Asian philanthropists are starting to emphasize innovation, scale and measurable results in their philanthropy. Something’s gotta give: The state of philanthropy in Asia, produced by the Economist Intelligence Unit, argues that though levels of philanthropy are still low relative to the West, it is increasing in Asia in step with the region’s growing wealth.