November 19, 2004
Corporate Governance Spreads East
Some globalization is positive when it leads to transparency and disclosure. It is interesting to see this trend in countries who traditionally do not disclose much. When you are on the world stage, you have to play to a different audience. Your behavior is judged with a different standard. This leads to higher standards for all.
An excerpt from an article on this topic is here:
"Corporate governance has over the years become common parlance amongst corporates globally. It is a concept, which saw its birth in the West, but has gained increased significance in the East. The 1997 Asian Financial Crisis is often cited as a catalyst for bringing corporate governance to the foreground, but really the international investor dollar brought about as a consequence of Globalisation has seen increasing efforts amongst Asian countries to take steps, occasionally drastic ones, to ensure enhanced corporate governance." For the entire article, click here.
For more information on how your company can effectively and affordably comply with Sarbanes-Oxley, see www.issuescentral.com to learn more about the Sarbanes-Oxley Compliance Playbook(tm).
An excerpt from an article on this topic is here:
"Corporate governance has over the years become common parlance amongst corporates globally. It is a concept, which saw its birth in the West, but has gained increased significance in the East. The 1997 Asian Financial Crisis is often cited as a catalyst for bringing corporate governance to the foreground, but really the international investor dollar brought about as a consequence of Globalisation has seen increasing efforts amongst Asian countries to take steps, occasionally drastic ones, to ensure enhanced corporate governance." For the entire article, click here.
For more information on how your company can effectively and affordably comply with Sarbanes-Oxley, see www.issuescentral.com to learn more about the Sarbanes-Oxley Compliance Playbook(tm).
