TAILIEUCHUNG - Corporate Governance in Emerging Markets

. Expenses for entertainment must be directly related to, or associated with, the active conduct of official university business. When a university employee acts as an official host, the occasion must, in the best judgment of the approving authority, serve a clear university business purpose, with no personal benefit derived by the official host or other university employees. In addition, the expenditure of funds for entertainment should be cost effective and in accordance with the best use of public funds | Corporate Governance in Emerging Markets Ruth V. Aguilera University of Illinois at Urbana-Champaign College of Business Jun Ho Lee University of Illinois at Urbana-Champaign College of Business Luiz Ricardo Kabbach de Castro Universitat de les Illes Balears Jihae You University of Illinois at Urbana-Champaign Abstract The turning to the XXI century has been marked by reforms in corporate governance practices around the world. Whether due to shocks caused by the economic crisis in East Asia Russia and Latin America or by financial scandals in the United States and Europe the fact is that the way of doing business has changed in terms of demands for greater corporate transparency and accountability shifts in control of ownership empowerment of new types of owners and so on. Consequently countries and firms have adapted their corporate governance policies and practices to this new governance environment. In this chapter we discuss the foundation of corporate governance that is corporate ownership. In particular we explore the current patterns of the ownership structure of publicly listed firms in six emerging countries. To do so we have collected firm ownership data for listed firms in Brazil Chile South Korea Czech Republic Hungary and Poland during the first decade of the XXI century and we compare our data with existing ownership research of these countries in the late 1990s. We conclude that although concentration of corporate shareholdings continues to be a common denominator among these emerging countries the processes and structures controlling firms across countries is remarkably different. For instance the privatization process in the 1990s in spite of having different motivations and goals in Latin American and Eastern Europe shaped much of the corporate ownership transformations. Our chapter offers a comparative analysis of the corporate ownership changes in emerging markets. FORTHCOMING in G. Morgan and R. Whitley Capitalisms and Capitalism in the 21st .

TỪ KHÓA LIÊN QUAN
TAILIEUCHUNG - Chia sẻ tài liệu không giới hạn
Địa chỉ : 444 Hoang Hoa Tham, Hanoi, Viet Nam
Website : tailieuchung.com
Email : tailieuchung20@gmail.com
Tailieuchung.com là thư viện tài liệu trực tuyến, nơi chia sẽ trao đổi hàng triệu tài liệu như luận văn đồ án, sách, giáo trình, đề thi.
Chúng tôi không chịu trách nhiệm liên quan đến các vấn đề bản quyền nội dung tài liệu được thành viên tự nguyện đăng tải lên, nếu phát hiện thấy tài liệu xấu hoặc tài liệu có bản quyền xin hãy email cho chúng tôi.
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.