Lost in translation? Corporate governance, independent boards and blockholder appropriation
Emerging economies are oftentimes characterized by state capitalism, concentrated ownership and constrained resources, where firms face underinvestment due to resource misappropriation. The adoption of Anglo-American corporate governance practices may result in sub-optimal outcomes. We draw on the m...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier Inc.
2019
|
| Subjects: | |
| Online Access: | View Fulltext in Publisher |