Corporate governance in Asia
Author(s)
Author(s)
Chan, B. Y.
Date Issued
2004
Publisher
United Nations Economic and Social Commission
Journal
Asia-Pacific Development Journal
Volume
11
Issue
2
Start page
1
End page
31
Abstract
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.
SFU Affiliated Publication
No
Availability at SFU Library
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