Corporate governance and Asian companies
While prominent differences in corporate governance exist across the Asia Pacific region, there are common concerns about controlling shareholders expropriating wealth from minority shareholders at the expense of overall wealth creation, as well as about the roles and qualifications of managers in A...
| Main Authors: | , , |
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| Format: | Journal Article |
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Springer New York LLC
2011
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| Online Access: | http://hdl.handle.net/20.500.11937/50014 |
| _version_ | 1848758373398347776 |
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| author | Globerman, S. Peng, Mike Shapiro, D. |
| author_facet | Globerman, S. Peng, Mike Shapiro, D. |
| author_sort | Globerman, S. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | While prominent differences in corporate governance exist across the Asia Pacific region, there are common concerns about controlling shareholders expropriating wealth from minority shareholders at the expense of overall wealth creation, as well as about the roles and qualifications of managers in Asian companies. The contributors to this Special Issue of the Asia Pacific Journal of Management address these concerns and provide new evidence on their empirical relevance, as well as the factors conditioning that relevance. They also provide cautionary insight into the merits of specific proposals to reform Asian corporate governance. An important theme emerging from this Special Issue is that one needs to understand the institutional framework in which organizations operate in order to understand the rationale for and consequences of specific corporate governance models, as well as the likelihood that specific governance reforms will be adopted and prove effective. In this context, informal institutions are often more important than formal institutions. In addition to advancing our understanding and appreciation of the linkages between formal and informal institutions, corporate behavior, and performance, as well as the prospects for corporate governance reform, the papers in this Special Issue also suggest challenging and potentially fruitful areas for future research.. |
| first_indexed | 2025-11-14T09:42:57Z |
| format | Journal Article |
| id | curtin-20.500.11937-50014 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:42:57Z |
| publishDate | 2011 |
| publisher | Springer New York LLC |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-500142017-09-13T15:37:03Z Corporate governance and Asian companies Globerman, S. Peng, Mike Shapiro, D. While prominent differences in corporate governance exist across the Asia Pacific region, there are common concerns about controlling shareholders expropriating wealth from minority shareholders at the expense of overall wealth creation, as well as about the roles and qualifications of managers in Asian companies. The contributors to this Special Issue of the Asia Pacific Journal of Management address these concerns and provide new evidence on their empirical relevance, as well as the factors conditioning that relevance. They also provide cautionary insight into the merits of specific proposals to reform Asian corporate governance. An important theme emerging from this Special Issue is that one needs to understand the institutional framework in which organizations operate in order to understand the rationale for and consequences of specific corporate governance models, as well as the likelihood that specific governance reforms will be adopted and prove effective. In this context, informal institutions are often more important than formal institutions. In addition to advancing our understanding and appreciation of the linkages between formal and informal institutions, corporate behavior, and performance, as well as the prospects for corporate governance reform, the papers in this Special Issue also suggest challenging and potentially fruitful areas for future research.. 2011 Journal Article http://hdl.handle.net/20.500.11937/50014 10.1007/s10490-010-9240-6 Springer New York LLC restricted |
| spellingShingle | Globerman, S. Peng, Mike Shapiro, D. Corporate governance and Asian companies |
| title | Corporate governance and Asian companies |
| title_full | Corporate governance and Asian companies |
| title_fullStr | Corporate governance and Asian companies |
| title_full_unstemmed | Corporate governance and Asian companies |
| title_short | Corporate governance and Asian companies |
| title_sort | corporate governance and asian companies |
| url | http://hdl.handle.net/20.500.11937/50014 |