As Far-East Asia was shaken by the 1997 financial crisis, corporate governance reforms have become as priority in many countries. Corporate governance structure and their regulating frameworks have gone through significant changes following many international benchmarks that promoted adoption of new, primarily Anglo-Saxon, practices. This paper aims to examine closer the corporate governance reforms of two Far-East Asian countries, namely Japan and South Korea. Since the Asian economies rapidly grow, a special focus on the firms' disclosure practices in their annual reports and the...
As Far-East Asia was shaken by the 1997 financial crisis, corporate governance reforms have become as priority in many countries. Corporate governance...