Issues in governance, growth and globalization in Asia / Tony Cavoli, , Siona Listokin, Ramkishen S. Rajan, editors.

Format:

Book

Contributor:

Listokin, Siona, editor of compilation.

Rajan, Ramkishen S., editor of compilation.

Cavoli, Tony, editor of compilation.

Language:

English

Subjects (All):

Economic development--Asia.

Economic development.

Corporate governance--Asia.

Corporate governance.

Globalization--Economic aspects--Asia.

Globalization.

Asia--Economic conditions--21st century.

Asia.

Asia--Economic policy.

Physical Description:

1 online resource (195 p.)

Place of Publication:

Singapore : World Scientific, 2014.

Language Note:

English

Summary:

This volume is a compilation of important papers relating to the financial, governance and political economy structures of the region, using a variety of methods and topics. Following the Asian crisis and subsequent global financial upheavals, policymakers and academics issued cries for institutional reform at the state and firm level; in many cases, reform was actually implemented rather than simply rhetorical. This volume begins by addressing issues relating to corporate governance within firms located in East Asia and as entities participating in corporate ownership elsewhere. Next, the key

Contents:

Contents; Contributors; 1. Introduction and Overview; 1.1 Introduction; 1.2 Global Networks and Corporate Governance; 1.3 Global Networks and Investments; 1.4 Global Networks and Macro Policy; Acknowledgments; References; I. Entrepreneurship and Governance; 2. Convergence in the Ownership and Governance of East Asian Firms; 2.1 Introduction; 2.2 Data and Variables; 2.3 Empirical Results; 2.3.1 Family versus non-family firms; 2.3.2 Family versus other firm types; 2.3.3 Founded versus acquired family firms; 2.3.4 First- versus second-generation family firms; 2.4 Conclusions; References

3. Asian and Non-Asian Institutional Investors and Proxy Access Proposals3.1 Introduction; 3.2 Institutional Investors; 3.3 Data and Research Methods; 3.3.1 Sample and data; 3.4 Results; 3.5 Discussion and Conclusion; References; II. Integration and Investment; 4. Post-Foreign Entry Decisions by Global Retailers in Asian and Non-Asian Markets: Like or Unlike?; 4.1 Introduction; 4.2 Theoretical Overview; 4.3 The Global Retail Industry; 4.4 Methodology; 4.4.1 Sample; 4.4.2 Variables2; 4.4.2.1 Governance infrastructure (host context); 4.4.2.2 Event; 4.4.2.3 Control variables; 4.4.3 Analysis

4.5 Results4.5.1 Models including global retailers in Asia; 4.5.2 Model sans global retailers in Asia; 4.5.3 Post-hoc tests for Asian sample; 4.6 Discussion and Conclusion; References; Appendix 1; 5. Intra-ASEAN FDI Flows and the Role of China and India: Trends and Determinants; 5.1 Introduction; 5.2 ASEAN FDI Flows: Trends and Patterns; 5.2.1 FDI flows between ASEAN and the rest of the world; 5.2.2 Intra-ASEAN FDI flows; 5.3 Determinants of FDI Flows; 5.3.1 The model; 5.3.2 Data, methodology and results; 5.4 Concluding Remarks; References; Appendix

6. Extent of Real Financial Integration in Asia: Some Patterns and Stylized Facts6.1 Introduction; 6.2 Connections between Integration and Possible Monetary Union; 6.3 Price-based Measures of Financial and Real Integration; 6.3.1 The covered interest parity (CIP) condition; 6.3.2 The uncovered interest parity (UIP) condition; 6.3.3 The real interest parity (RIP) condition; 6.3.4 Summary of price-based measures; 6.4 Integration in East Asia: Some Stylized Facts; 6.4.1 Measuring integration; 6.4.2 Data and sources; 6.4.3 Results and discussion; 6.5 Conclusion; References

7. The Global Financial Crisis, Rise of China, and Changes in the Geographical Location of Control of Large Listed Companies7.1 Introduction; 7.2 The Rise of China and (Return) of East Asian Economic Power; 7.3 Changes in the Global Financial Landscape; 7.4 Globalization, the Geographic Distribution of Control of Large Listed Companies, and the GFC; 7.4.1 Globalization and the rise of large multinational companies; 7.4.2 Globalization and the impact of the GFC; 7.4.3 The geographical distribution of large listed companies and the GFC; 7.5 Conclusion; References; Appendix A: Data Sources

III. Macroeconomic Policy

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on print version record.

ISBN:

981-4504-95-5