Employees in Asian Enterprises:Their Potential Role in Corporate Governance
Published By: ADBI on eSS | Published Date: April, 24 , 2003Large publicly-held corporations or business groups in developing Asian economies are typically
controlled (and managed) by families, and tend to suffer from poor corporate governance. Even
though serious reform efforts are underway in the crisis-hit Asian countries along the Anglo-
American model, it will likely to take time for the model to take root in these economies. Any
newly transplanted system requires local adaptation and the establishment of complementary
institutions to function properly. [ADB Institute Research Paper Series No. 52] URL:[http://www.adbi.org/files/2003.04.rps52.employees.role.pdf]
Author(s): Sang-Woo Nam | Posted on: Mar 24, 2011 | Views(910) | Download (175)