January, 2007
Tuesday, January 23, 2007
Significant Gaps Exist Between Corporate Governance Rules and Practice in East Asia, CIGI Paper Concludes
Regulatory environment and market perceptions of corporate governance practices in nine East Asian economies diverge on a number of fronts.
Waterloo, Canada - The formal regulatory environment and market perceptions of corporate governance practices in nine East Asian economies diverge on a number of fronts, concludes a working paper released by The Centre for International Governance Innovation (CIGI). The paper, entitled "Scorecard on Corporate Governance in East Asia", is authored by two recognized experts on the subject: Stephen Y.L Cheung is professor and chair of Finance, Department of Economics and Finance at the Faculty of Business, City University of Hong Kong; and, Hasung Jang is executive director, Asian Institute of Corporate Governance, Korea University.