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The OECD Principles of Corporate Governance in Emerging Markets: a successful example of networked governance?

Siems, Mathias and Alvarez-Macotela, Oscar (2014) The OECD Principles of Corporate Governance in Emerging Markets: a successful example of networked governance? In: Fenwick, Mark and Van Uytsel, Steven and Wrbka, Stefan, eds. Networked Governance, Transnational Business and the Law. Springer, Berlin. ISBN 978-3-642-41211-0. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:37417)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)

Abstract

The contribution of Mathias Siems and Oscar Alvarez-Macotela, The OECD Principles of Corporate Governance in Emerging Markets: A Successful Example of Networked Governance?, discusses whether the approach of the OECD Principles of Corporate Governance, predominantly aimed at the law-makers and firms of emerging markets, can be regarded as a success. While features of networked governance are clearly visible in the drafting and operation of the Principles, the practical effectiveness may be hindered by the lack of well-functioning local institutions. Moreover, while appreciating that the OECD has engaged in activities such as regional roundtables in order to take account of the local context, the Principles themselves are based on the corporate governance model of the OECD member countries not perfectly suitable for emerging markets. Recent events also point towards scepticism of whether adoption of the Principles can be seen as an effective way to prevent future financial crises.

Item Type: Book section
Subjects: K Law > K Law (General)
Divisions: Faculties > Social Sciences > Kent Law School
Depositing User: Catherine Norman
Date Deposited: 09 Dec 2013 15:47 UTC
Last Modified: 29 May 2019 11:37 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/37417 (The current URI for this page, for reference purposes)
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