A Set of Limited Asian Pacific Corporate Governance Standards After Financial Crisis, Corporate Scandals and Manipulation
Up to now there are some researches done in the field of giving a framework of implementation of corporate governance standards after corporate scandals, negative market manipulation during the post-crisis periods. This paper mainly concentrates on empirical research for findings in this field. First, it comes up with four (4) groups of findings on corporate governance subjects in the post-crisis and post-scandal time. It found out that companies in these periods have certain corporate governance issues such as how to better organize an information disclosure system. Second, it compared and identified differences in current and latest corporate governance standard system in four (4) countries in Asian Pacific region: Japan, Australia, Philippines and Korea. Third, this paper provide with a short summary of evaluation of current corporate governance principles in these four countries which can enable corporations to seek and to compare to their current codes. Last but not least, it aims to realize a limited general set of standards of Asian Pacific corporate governance and give proper recommendations to relevant governments and organizations.
|Date of creation:||24 Dec 2010|
|Date of revision:||24 Dec 2010|
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- Patrick Bolton & Marco Becht & Alisa Röell, 2002.
"Corporate Governance and Control,"
NBER Working Papers
9371, National Bureau of Economic Research, Inc.
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