CLSA and Asian Corporate Governance Association (ACGA) published their annual corporate governance rankings this year entitled “The Holy Grail”. The research, pored over by zealous regulators eager to pat themselves on the back, scores Asian markets on various issues affecting corporate governance, including regulation, enforcement and even “culture” (see table). Most notable this year is Taiwan’s jump up the table and Korea’s slide down it.
Chris Leahy,
December 01, 2005