Challenges in the Corporate Governance Framework of Indian and Chinese Listed Companies
$ 38.5
Description
I explore the corporate governance regimes of India and China using parameters such as board size and composition, board busyness, board committees, board independence and ownership structure. The reason for undertaking this comparative analysis is that in both these countries, changes to their corporate governance framework were made primarily due to globalization as opposed to the internal domestic requirements like it has been observed in countries such as the United States of America and the United Kingdom. I believe that this relative recency of corporate governance reforms in India and China provides a unique opportunity to study the evolution of institutional and legal settings with respect to corporate governance practices and to identify challenges that assume considerable importance to the shareholders of listed companies in both these jurisdictions.