Corporate Governance, Evolution of Corporate Laws and Asian Economic Development into the 21st Century
AbstractThe purpose of this paper is to build on the Wellon - Piston analysis and to make two specific proposals for the further evolution of corporate law in Asian countries. The first of these proposals is designed to deal with important aspects of the current economic and financial crisis in South East and East Asia. It addresses the problem of corporate restructuring in these countries in the wake of the economic crisis and considers specifically the case of South Korea. The second proposal is concerned with the more general issue of corporate governance in semi-industrial countries and refers particularly to the Indian situation. The two proposals are not, however, entirely independent. The first proposal could potentially have significant implications for corporate governance while the second proposal is also likely to be helpful in the restructuring of the Asian economies as they begin to recover from the crisis.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 24662.
Date of creation: 1998
Date of revision:
corporate governance; asia; corporate law;
Find related papers by JEL classification:
- A1 - General Economics and Teaching - - General Economics
- G3 - Financial Economics - - Corporate Finance and Governance
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