An Examination of the Development of Corporate Governance in Asia

Abstract

The field of corporate governance holds great importance in worldwide study due to its crucial role in the functioning of businesses and its impact on the overall economy. Furthermore, it is worth noting that the Asian economy presently represents a substantial percentage of the global economy. During the preceding decade, several standards have been formulated and a significant corpus of laws and regulations has been implemented throughout the Asian area. The main aim of this descriptive research is to provide a thorough analysis of the current developments in Asia, together with a complete exploration of the fundamental principles and practices of corporate governance. This research is specifically aimed toward persons with a limited understanding of the subject area, as well as other stakeholders with a strong interest in this sector.

Keywords:  Corporate Governance, Evolution, Asia, global economy