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The Evolution of Corporate Governance in Asian Markets
Abstract
Corporate governance practices in the Asian market have come under intense scrutiny in recent years after a series of high-profile corporate scandals exposed weaknesses in the legal framework, enforcement, and monitoring. These scandals have highlighted the need for more transparency, accountability, and responsible business practices. In response, many Asian countries have instituted institutional and regulatory reforms to improve corporate governance practices and strengthen shareholder rights. While challenges remain, the evolution of corporate governance in Asia represents an important step toward establishing more responsible and sustainable business practices in the region.
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