Survey of Corporate Governance Practices in Indonesia, Thailand and Korea

Published By: ADBI on eSS | Published Date: January, 01 , 2004

Poor corporate governance is viewed as one of the structural weaknesses responsible for the outbreak of the Asian crisis in late 1997. Controlling family owners could pursue private interests with relative ease often at the expense of minority shareholders and the profits of these firms. In order to address these problems, a high priority has been given to corporate governance reform in post-crisis policy packages. There is little doubt that the reform efforts should improve corporate governance by preventing outrageously abusive behavior by controlling owners. [ADBI Research Policy Brief No. 8]

Author(s): Sang-Woo Nam | Posted on: Mar 09, 2011 | Views(639) | Download (90)

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