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Corporate governance in Asia / Stephen Y.L. Cheung and Bob Y. Chan.
- Format:
- Book
- Government document
- Author/Creator:
- Cheung, Yan-leung.
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- Local Subjects:
- Economic and Social Development.
- Physical Description:
- 1 online resource (31 pages)
- Contained In:
- Asia-Pacific Development Journal Vol. 11, no. 2, p. 1-31 11:2<1 24119873
- Place of Publication:
- New York : United Nations, 2006.
- System Details:
- text file
- Summary:
- This study examines the state of corporate governance in some countries in the Asia-Pacific region. Since the early 1990s, corporate governance has been receiving increasing attention from regulatory bodies and practitioners worldwide. A key aspect of improving corporate governance in the region is that improved investor protection and more transparent information will enhance the development of local capital markets and promote foreign investment to provide funds for long-term economic development. The authors suggest that individual countries should first focus on improving national standards of regulation and corporate practice rather than attempt to reach a common set of matrices from the start. When appropriate governance standards are in place in individual countries, codes of best practice could then be integrated into a consistent framework for all countries to develop more regionally integrated capital markets.
- Access Restriction:
- Restricted for use by site license.
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