Corporate Governance in South Asia

This publication looks at several corporate governance issues, and provides an analysis of four core areas of corporate governance in South Asia in light of global trends and best practices.

Author: Tom Kirchmaier

Publisher: Asian Development Bank

ISBN: 9789292626723

Category: Business & Economics

Page: 112

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This publication looks at several corporate governance issues, and provides an analysis of four core areas of corporate governance in South Asia in light of global trends and best practices. These include: i) corporate governance legal frameworks; ii) board structure and board diversity; iii) corporate governance of state-owned enterprises; and iv) anti-money laundering and compliance. The publication assesses the necessary regulatory preconditions for strong financial and economic development, and identifies areas for regulatory action. The findings are relevant for many developing countries around the world, as corporate governance will impact evolving challenges such as the COVID-19 pandemic, climate change, and sustainable global trade.
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Reforming Corporate Governance in Southeast Asia

Most markets in Southeast Asia do not suffer from a lack of rules and regulations , but rather from weak enforcement thereof . The White Paper on Corporate Governance in Asia , hereafter “ the White Paper ” , that was issued under the ...

Author: Khai Leong Ho

Publisher: Institute of Southeast Asian Studies

ISBN: 9812302913

Category: Business & Economics

Page: 387

View: 804

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This multi-disciplinary volume provides a critical examination of corporate governance reform in Southeast Asia especially after the Asian financial crisis in 1997. The weaknesses in the corporate sector, such as poor investment structure, weak legal and accounting systems, faulty financial practices, and questionable political interventions, are some of the pertinent issues raised by the authors, who include legal specialists, corporate practitioners, economists, and political scientists. Policy measures to improve corporate transparency, institutional accountability, and fiscal prudence are also proposed. The volume provides interested readers and policy-makers in Southeast Asia with the most current research and policy options on corporate governance reform, and advocates more committed and effective governance changes in the future.
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Analyzing the Impact of Corporate Governance on Financial Performance of Firms in Emerging Markets of South Asia

This paper analyzes the impact of Corporate Governance Index and individual corporate governance dimension such as Board Activity, Board Size, Board Independence, Gender Diversity on Board and CEO Duality on financial performance of firms ...

Author: Bushra Zulfiqar

Publisher:

ISBN: OCLC:1300762255

Category:

Page: 19

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This paper analyzes the impact of Corporate Governance Index and individual corporate governance dimension such as Board Activity, Board Size, Board Independence, Gender Diversity on Board and CEO Duality on financial performance of firms in emerging markets of South Asian Markets, specifically, Pakistan, India and Bangladesh. The data is collected for 100 listed firms of each country's stock exchange based on market capitalization for the period 2009 to 2017. Balanced Panel data methodology is used for estimation purpose. The results show that there is a significant positive impact of corporate governance index on the financial performance of firms in all markets including Pakistan, India, Bangladesh and overall South Asia which implies that the performance of firms in these countries can be further improved by better corporate governance practices. The study also finds that increased Board Activities, larger board size and gender diversity leads to better financial performance in South Asian market. Board Independence negatively affects the financial performance of firms in India and for the South Asian Market. Regarding dual role of CEO, the study finds that it leads to better financial performance in case of Pakistan and also for the Indian market however, this duality leads to negatively affecting the performance of firms in case of Bangladesh. Based on the above findings it is suggested that the financial performance in these three markets can be improved by increasing the Board activities, larger board size, Chief Executive Duality and by improving the Gender diversity in the South Asian markets.
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Development Governance and Gender in South Asia

From the above study, it is clear that really, the governments of the South Asian countries have taken all the best initiatives by amending different provisions to provide good corporate laws to regulate corporates in almost all the ...

Author: Anisur Rahman

Publisher: Springer Nature

ISBN: 9789811651090

Category:

Page:

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Getting Finance in South Asia 2009

Ratio of private credit extended by banks as a percentage of GDP • Ratio of commercial banking assets as a percentage of GDP Corporate Governance Sound corporate governance creates an environment that promotes banking efficiency, ...

Author: Kiatchai Sophastienphong

Publisher: World Bank Publications

ISBN: 9780821375723

Category: Business & Economics

Page: 156

View: 488

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This title is part of an initiative by the World Bank to develop standard indicators to measure the performance and soundness of the financial sector in the South Asia region and help pinpoint where performance is strong and where improvements are most needed. Phases I, II, and III, completed with active support and assistance from regulatory authorities in South Asia, compiled a standard set of finance indicators for five countries: Bangladesh, India, Nepal, Pakistan, and Sri Lanka. This first formally published volume encompasses Phase IV of the study, which updates all indicators under the four categories of access to finance, performance and efficiency, stability, and corporate governance, and adds two new categories: capital market developments, and market concentration and competitiveness. The addition of these measures provides a new and more holistic perspective on getting finance in South Asia, and also helps improve our understanding of the financial systems in South Asian countries. Countries in South Asia have undertaken reforms to reduce government ownership of financial institutions, bring prudential regulations in line with international norms, and strengthen banking supervision. These reforms have borne results. This volume shows that commercial banks in Bangladesh, India, Nepal, Pakistan, and Sri Lanka generally expanded access to finance and improved their performance and efficiency, stability, corporate governance, and market concentration and competitiveness over the period from 2001 to 2006. But results vary widely across and even within these areas, as shown by the countries' rankings on the indicators, which show that, with the notable exception of India, SouthAsian domestic debt markets are still at an early stage of development.
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Corporate Governance Environment in South Asia

Corporate governance environment refers to various country level factors affect the firm level governance practices.

Author: PhD Mamun (FCMA, Syed A.)

Publisher:

ISBN: OCLC:1305060307

Category:

Page: 16

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Corporate governance environment refers to various country level factors affect the firm level governance practices. The main objective of this paper is to explore the corporate governance environment of two South Asian countries namely Bangladesh and Sri Lanka. Findings of the study represents that both of the countries take various initiatives to develop their corporate governance environment in the line of international standard. The current paper extends the scarce literature on corporate governance environment which, in turn, assists policy makers and corporate decision makers to understand the phenomena in a better way.
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Getting Finance in South Asia 2010

Sources: Corporate governance questionnaire responses received from South Asian supervisory authorities; Indian Banks' Association 2006a, 2006b, 2006c, 2008a, 2008b, 2008c; RBI 2006a, 2006b, 2007a, 2007b, 2008a, 2008b, Annual Report ...

Author: Kiatchai Sophastienphong

Publisher: World Bank Publications

ISBN: 9780821380574

Category: Business & Economics

Page: 329

View: 378

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Utilizing standardized indicators from 2001 to 2008, 'Getting Finance in South Asia 2010' analyzes the financial performance and soundness of commercial banks in eight South Asian countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. While the indicators cannot predict the onset of a financial crisis, their analysis has identified specific weaknesses in regional financial sectors that should be addressed by the supervisory authorities. In this current edition of the annual 'Getting Finance' publication, two new development dimensions -- payment systems developments and savings mobilization -- have been added to the six dimensions covered in the previous edition: access to finance, performance and efficiency, financial stability, market concentration and competitiveness, capital market development, and corporate governance. This edition also expands the country coverage to include Afghanistan, Bhutan and Maldives. New benchmark countries have also been added, including emerging countries from outside OECD. In addition to analyzing the 'Getting Finance' indicators, the book also discusses the challenges facing South Asian banks and the impact of the global financial crisis on their operations. The new material in this edition enables readers to have a more holistic perspective of the indicators in South Asia and a better understanding of the financial systems in the region. 'Getting Finance Indicators 2010' reaffirms the World Bank’s commitment to working with developing member countries to promote financial sector development and create financial systems that are sound, stable, supportive of growth and responsive to people’s needs.
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Megacity Governance in South Asia

The Act of 1 865 also created a body corporate of the Justices of Peace with powers to impose rates and taxes and to assume full control of the municipal funds. The people's voice was, however, not heard in this set-up.

Author: Kamal Siddiqui

Publisher:

ISBN: STANFORD:36105126893044

Category: City planning

Page: 517

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This Is Pioneering Study Comparing The Governance Arrangements In The Five Megacities Of South Asia Namely Dhaka, Kolkata, Mumbai, New Delhi And Karachi Within A Common Analytical Framework.
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