2.50
Hdl Handle:
http://hdl.handle.net/2436/26757
Title:
Corporate governance models in emerging markets: the case of India
Authors:
Machold, Silke; Vasudevan, Ajit K
Abstract:
Corporate governance has come to be recognised as a cornerstone of economic reforms seeking to promote stability and growth in developing countries. The Asian crisis of the 1997 was viewed as having roots in poor governance and hence national governments as well as international organisations have sought to promote a strengthening of governance mechanisms. This article investigates governance reforms in India over the last decade. The paper reviews changes in Indian governance codes that indicate a preference of adoption of Anglo-American governance models. A survey of ownership structures of Indian listed companies reveals a mixture of governance mechanisms and a persistence of the ''business house model'' of governance. The paper concludes that despite external pressures towards an ''Anglo-Americanisation'' of governance practice, the outcomes thus far reveal the emergence of a diversity of governance mechanisms arising in a path-dependent fashion.
Citation:
International Journal of Business Governance and Ethics 1 (1): 56-77
Publisher:
Inderscience
Journal:
International Journal of Business Governance and Ethics
Issue Date:
2004
URI:
http://hdl.handle.net/2436/26757
DOI:
10.1504/IJBGE.2004.004897
Additional Links:
http://www.inderscience.com/search/index.php?action=record&rec_id=4897
Type:
Article
Language:
en
ISSN:
14779048; 1741802X
Appears in Collections:
Management Research Centre

Full metadata record

DC FieldValue Language
dc.contributor.authorMachold, Silke-
dc.contributor.authorVasudevan, Ajit K-
dc.date.accessioned2008-05-19T11:57:51Z-
dc.date.available2008-05-19T11:57:51Z-
dc.date.issued2004-
dc.identifier.citationInternational Journal of Business Governance and Ethics 1 (1): 56-77en
dc.identifier.issn14779048-
dc.identifier.issn1741802X-
dc.identifier.doi10.1504/IJBGE.2004.004897-
dc.identifier.urihttp://hdl.handle.net/2436/26757-
dc.description.abstractCorporate governance has come to be recognised as a cornerstone of economic reforms seeking to promote stability and growth in developing countries. The Asian crisis of the 1997 was viewed as having roots in poor governance and hence national governments as well as international organisations have sought to promote a strengthening of governance mechanisms. This article investigates governance reforms in India over the last decade. The paper reviews changes in Indian governance codes that indicate a preference of adoption of Anglo-American governance models. A survey of ownership structures of Indian listed companies reveals a mixture of governance mechanisms and a persistence of the ''business house model'' of governance. The paper concludes that despite external pressures towards an ''Anglo-Americanisation'' of governance practice, the outcomes thus far reveal the emergence of a diversity of governance mechanisms arising in a path-dependent fashion.en
dc.language.isoenen
dc.publisherInderscienceen
dc.relation.urlhttp://www.inderscience.com/search/index.php?action=record&rec_id=4897en
dc.subjectGovernance reformsen
dc.subjectDeveloping countriesen
dc.subjectOwnership structuresen
dc.subjectIndiaen
dc.subjectCorporate governanceen
dc.titleCorporate governance models in emerging markets: the case of Indiaen
dc.typeArticleen
dc.identifier.journalInternational Journal of Business Governance and Ethicsen
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