Reform of Corporate Governance of Asias Banking System Following the Asian Financial Crisis A Critical Analysis
It is generally accepted that in the aftermath of the financial crisis in Asia during the 1990s, a lot of emphasis was placed on reforming corporate governance. However, the success of those reforms is not well known. This research examines these reforms and conducts a critical analysis of the success of these reforms by focusing on Indonesia, the Republic of Korea, Thailand and Malaysia, the Asian areas hit hardest by the financial crisis in Asia. General perceptions have been...