Corporate Governance in Asia [electronic resource]: A Comparative Perspective /
Organisation for Economic Co-operation and Development.
Conference on Corporate Governance in Asia : a Comparative Perspective(1999 :Seoul, Korea)
Organisation for Economic Co operation and DevelopmentContent Provider
Organisation for Economic Co-operation and DevelopmentContent Provider
Conference on Corporate Governance in Asia : a Comparative Perspective
Paris : OECD Publishing,
2001.
Poor corporate governance was identified as one of the root causes of the recent Asian financial crisis. The absence of effective disciplines on corporate managers, coupled with complicated and opaque relationships between corporations, their owners and their finance providers, affected severely investors’ confidence in the region’s corporate sectors. Economies that took early steps to improve corporate governance have been recovering from the crisis at a more rapid pace than those who have not addressed this issue. The Asian crisis showed that good corporate governance is important not only for individual corporations to raise capital but also for an economy to achieve sustainable growth. This publication includes papers submitted to the "Conference on Corporate Governance in Asia: A Comparative Perspective" held in Seoul in March 1999. These papers describe vividly the corporate governance practices in the region and the recent changes largely prompted by the crisis. Also included are papers on corporate governance in major OECD countries, which serve as a good source of comparative information on this issue. This review is part of the OECD's ongoing co-operation with non-Member economies around the world.
""CONTENTS""; ""Summary of the Meeting""; ""Introduction""; ""PART I: CORPORATE GOVERNANCE: COMPARATIVE TRENDS ""; ""Corporate Governance Patterns in OECD Economies: Is Convergence Under Way? ""; ""Latest Directions in Corporate Governance ""; ""The Legal and Institutional Preconditions for Strong Stock Markets: The Nontriviality of Securities Law ""; ""Comparative Corporate Governance Trends in Asia ""; ""PART II: COUNTRY DEVELOPMENTS IN CORPORATE GOVERNANCE ""; ""Corporate Governance in Japan ""; ""Disclosure and Corporate Governance: A Japanese Perspective ""
""Corporate Governance in Korea """"Corporate Restructuring in Thailand and Korea ""; ""Chaebol Reform: The Missing Agenda in Corporate Governance ""; ""Corporate Governance in the Special Administrative Region of Hong Kong The Securities and Futures Commission of Hong Kong, China""; ""Corporate Governance in India ""; ""Corporate Governance and Restructuring in Malaysia: A Review of Markets, Mechanisms, Agents and the Legal Infrastructure ""; ""Corporate Governance Environment and Policy: Their Impact on Corporate Performance and Finance in the Philippines ""
""Corporate Governance in Singapore: Current Practice and Future Developments """"Corporate Governance: The Challenge Facing the Thai Economy ""; ""Corporate Governance in Chinese Taipei ""
"The Conference on Corporate Governance in Asia : a Comparative Perspective" was held in Seoul, Korea on 3-5 March 1999."
Poor corporate governance was identified as one of the root causes of the recent Asian financial crisis. The absence of effective disciplines on corporate managers, coupled with complicated and opaque relationships between corporations, their owners and their finance providers, affected severely investors’ confidence in the region’s corporate sectors. Economies that took early steps to improve corporate governance have been recovering from the crisis at a more rapid pace than those who have not addressed this issue. The Asian crisis showed that good corporate governance is important not only for individual corporations to raise capital but also for an economy to achieve sustainable growth. This publication includes papers submitted to the "Conference on Corporate Governance in Asia: A Comparative Perspective" held in Seoul in March 1999. These papers describe vividly the corporate governance practices in the region and the recent changes largely prompted by the crisis. Also included are papers on corporate governance in major OECD countries, which serve as a good source of comparative information on this issue. This review is part of the OECD's ongoing co-operation with non-Member economies around the world.
Corporate governance
Corporate governance