IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-59583-5_12.html
   My bibliography  Save this book chapter

Crisis and Reform in Corporate Governance in Asia

In: Asian Post-crisis Management

Author

Listed:
  • Thomas Clarke

Abstract

Collapsing currencies, equity and property markets in East Asia in 1997–98 exposed underlying vulnerabilities in corporate governance structures and values. Financial liberalization and large current account deficits financed by short-term foreign loans, left these economies open to large international movements of capital. However, an international confidence crisis was fuelled by a growing realization of the structural weaknesses of economies often governed by crony capitalism, opaque accounting and auditing systems, and too close relations between business and the state.

Suggested Citation

  • Thomas Clarke, 2002. "Crisis and Reform in Corporate Governance in Asia," Palgrave Macmillan Books, in: Usha C. V. Haley & Frank-Jürgen Richter (ed.), Asian Post-crisis Management, chapter 12, pages 226-251, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59583-5_12
    DOI: 10.1057/9780230595835_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-59583-5_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.