Potential Role in Corporate Governance by Employees of Asian Enterprises
Published By: ADBI on eSS | Published Date: April, 01 , 2003Large publicly-held corporations or business groups in developing Asian
economies are typically controlled (and managed) by families, and tend to
suffer from poor corporate governance. Even though serious reform efforts
are underway in the crisis-hit Asian countries along the Anglo-American model,
it would likely take time for the model to take root in these economies. Any
newly transplanted system needs local adaptation and setting complementary
institutions in place for its proper functioning. [DBI Research Policy Brief No. 7] URL: [http://www.adbi.org/files/2003.04.rpb07.corporate.governance.pdf]
Author(s): Sang-Woo Nam | Posted on: Mar 29, 2011 | Views(794) | Download (91)