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The recipe for the outperformance of Swiss businesses

Common sense and low taxes make the Alpine nation a corporate haven

A-LISTERS from the world of politics, business, academia, media and the arts descended on Davos on May 22 for the first in-person bash of the World Economic Forum (WEF) in more than two years. For over half a century the great and the good have used the annual get-together to address the world's most pressing problems. They feel at home in Switzerland. Just as the small mountain village punches far above its weight as a global talking shop, Switzerland has prospered as a haven for businesses far beyond what might be expected of a small, landlocked country with scant natural resources. It is home to 13 of the top 100 European companies by market capitalisation and 12 of the top 500 worldwide....

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