TY  - BOOK
AU  - Tsamenyi,Mathew
AU  - Uddin,Shahzad
TI  - Corporate governance in less developed and emerging economies
SN  - 9781848552524
PY  - 2008///
CY  - Bingley
PB  - JAI Press
KW  - Corporate governance
KW  - Developing countries
KW  - Economic conditions
KW  - 21st century
N1  - Includes bibliographical references
N2  - Research on accounting in LDCs generally argues that a well-developed corporate governance structure, including accounting infrastructure, would promote economic prosperity. Economic development requires a modern, transparent corporate governance infrastructure based on efficient capital markets. Over the past decade corporate governance reform has become an important global policy agenda driven by events such as the 1997 Asian financial crisis, major corporate scandals (such as Enron and WorldCom) and the globalisation of capital markets. In several less developed and emerging economies corporate governance reform is also driven by the adoption of international donor led economic reforms. This in particular has made corporate governance reform an essential element of the development agenda promoted by the World Bank
ER  -