Document Type

Editorial

Publication Date

2009

DOI

10.1111/j.1467-8683.2009.00762.x

Publication Title

Corporate Governance: An International Review

Volume

17

Issue

4

Pages

407-410

Abstract

Corporate governance has become an important issue for Chinese and Indian firms as they increasingly interact with regulators and investors from developed markets. For instance, tapping into global capital markets to raise funds to finance their domestic and international growth requires firms from China and India to demonstrate strong corporate governance credentials, so that investors do not discount their stock (LaPorta, Lopez-de-Silanes, Shleifer, & Vishny, 2000). The swift action of Chinese and Indian authorities in response to recent corporate scandals – such as the one at Satyam Computers – reveals that even governments in emerging countries such as China and India see the need to promote good corporate governance to ensure the inflow of capital and the outflow of products. Furthermore, understanding corporate governance standards and issues in China and India is also important to executives of foreign multinationals doing business in these two countries.

Comments

Web of Science: "Free full-text from publisher--gold open access."

Original Publication Citation

Li, S., & Nair, A. (2009). Asian corporate governance or corporate governance in Asia? Corporate Governance: An International Review, 17(4), 407-410. doi:10.1111/j.1467-8683.2009.00762.x

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