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Provides a comparative overview of corporate governance frameworks and practices in major Asian countries.
This report analyzes four core areas of corporate governance in South Asia in light of global trends and best practices. It assesses the necessary regulatory preconditions for strong financial and economic development. The four core areas analyzed are (i) corporate governance legal frameworks, (ii) board structure and board diversity, (iii) corporate governance of state-owned enterprises, and (iv) anti-money laundering and compliance. The findings are relevant for developing countries around the world, as corporate governance impacts evolving challenges such as the coronavirus disease pandemic, climate change, and sustainable global trade.
This book critically examines how corporate law and governance can be and should be used to promote sustainability in Asia.
Culture has an abiding influence on the way countries and business corporations are governed. This book introduces the reader to the deep philosophies that drive corporations and governments in East Asia, from China through Japan and South Korea to Singapore. With sparkling clarity and spiced with anecdotes and case studies, it depicts how respect for cultures can lead to spectacular success, or the lack of it to failure. Confucian practices such as guanxi in Chinese society, the benevolent culture of entity firms in Japan, and patriarchal chaebols in South Korea are analyzed with examples like Esquel, Nissan, and Samsung. A delightful chapter on Daoism shows how it drives Jack Ma’s Alibaba.com. In the governance of nations, the author reinforces Burke’s dictum that systems of government must be consonant with traditional cultures, and he calls out misguided attempts by the West to foist liberal democracies on civilizations in the East where respect for authority and communitarian values come before individual interest. The author advances the novel concept of the meritocratic democracy in which leaders are chosen not by electoral popularity but by proven ability. In a thought-provoking concluding chapter, he evaluates prospective constitutional changes in China that would enshrine meritocratic democracy as an alternative to liberal democracies that have turned dysfunctional in many Western nations.
This companion provides broad and in-depth insights into family business in Asia and how Asian family firms navigate in the digital economy. The first part of the book looks at key concepts of family business while the second part presents Asian family firms’ cases from Japan, South Korea, China, Taiwan, Hong Kong, Thailand, Malaysia and other Asian economies. This comprehensive reference will help readers understand how family firms in Asia compete and survive in the world market especially in the digital age and why and how Asian economies can emerge as one of the most dynamic regions in the world.
These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.
Natural Resource Governance in Asia: From Collective Action to Resilience Thinking identifies key leverage points where interventions can be made surrounding current and future impacts of ongoing environmental and sociopolitical challenges. The book utilizes case studies from Asia, a key demographic for natural resource management, that can be applied globally in understanding solutions and the current state of knowledge in natural resource dynamics. Users will find valuable sections on community forestry and socioecological systems, community irrigation, competing water demand, robustness issues, climate change, and natural resource dynamics and challenges. This interdisciplinary tome on the topic is invaluable to researchers and policymakers alike. - Combines collective action and resilience thinking to help readers understand complex issues and challenges in natural resource management - Presents methods and case studies to validate theory in practice - Includes up-to-date research applied to current issues to address both current and future risks and uncertainties
Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political, and sociological pr- lems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and ? nancial system of a transition economy. This book was written to help ? ll that gap. This book is the sixth in a series to examine accounting and ? nancial system reform in transition and developing economies. The ? rst book (Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia) used Russia as a case study. The second volume in the series (Accounting and Financial System Reform in Eastern Europe and Asia) examined some additional aspects of the reform in Russia and also looked at the accounting and ? nancial system reform efforts that are being made in Ukraine, Bosnia and Herzegovina, Armenia, Eastern Europe, and Central Asia. The third volume (Taxation and Public Finance in Tran- tion and Developing Economies) examined taxation and public ? nance in transition and developing economies. The fourth volume (Accounting Reform in Transition and Developing Economies) examines accounting reform in transition and devel- ing economies.
This book offers a multidisciplinary and comprehensive approach to understand the trends and issues of development, governance, and dynamics of gender in the South Asian region. It familiarizes the reader with the quantitative as well as qualitative aspects of governance and development. Contributing authors pay close attention to the socio-political and economic developments in South Asia in their respective chapters. The book is divided into four parts. The first part analyzes the social and economic development of South Asia in the context of human development, state apparatus, and migration. The second part focuses on issues of good governance and human rights. Issues related to minorities and corporate governance are also discussed specifically. The third part deals with the role of media and literature in the development narratives of South Asia. The last part highlights the inter-linkages between gender narratives and development. It is a must-read for those interested in understanding the socio-economic fabrics, political dynamics, and trajectory of development in South Asia.