Corporate Governance in Less Developed and Emerging Economies: (8 Research in Accounting in Emerging Economies)

Research on accounting in LDCs argues that a well-developed corporate governance structure, including accounting infrastructure, would promote economic prosperity. Economic development requires a modern, transparent corporate governance infrastructure based on efficient capital markets. Over the past decade corporate governance reform has become an important global policy agenda driven by events such as the 1997 Asian financial crisis, major corporate scandals (such as Enron and WorldCom) and the globalisation of capital markets. In several less developed and emerging economies corporate governance reform is also driven by the adoption of international donor led economic reforms. This in particular has made corporate governance reform an essential element of the development agenda promoted by the World Bank. The papers in the volume have provided wide ranging empirical and theoretical issues that will have policy implications and also generate future academic debates. Overall, the volume advances debate on corporate governance, accountability and transparency in less developed and emerging economies. We believe the audience will find the papers interesting and insightful in terms of theoretical development, practices and policy implications.

Table of Contents:
Corporate governance, dual language reporting and the timeliness of annual reports on the Nairobi stock exchange. Corporate governance online reporting by Saudi listed companies. CEO duality and accounting-based performance in Egyptian listed companies: A re-examination of agency theory predictions. Board characteristics, ownership structure and earnings quality: Malaysian evidence. A study of corporate governance disclosure and its country-level determinants in the emerging markets. Accounting standards, corporate governance, and foreign direct investments: the experience of emerging market economies. Corporate governance reform and firm performance: Evidence from China. The influence of ownership structures and board practices on corporate social disclosures in Bangladesh. Selective compliance with the corporate governance code in Mauritius: Is legitimacy theory at work?. Changing regimes of governance in a less developed country. The influence of social and political relations on corporate governance systems: the case of rural banks in Ghana. Towards a theoretical framework of corporate governance: Perspectives from Southern Africa. Corporate governance in infancy and growth – an interview-based study of the development of governance and corporate regulation in Nigeria. The corporate governance inertia: the role of management accounting and costing systems in a transitional public health organization. The (Perceived) roles of corporate governance reforms in Malaysia: The views of corporate practitioners. Corporate governance and International Financial Reporting Standard (IFRS): The case of developing countries. The banks’ uses of smaller companies’ financial information in the emerging economy of Vietnam: a user's oriented model. Introduction to corporate governance in less developed and emerging economies. List of Contributors. List of Reviewers. Research in accounting in emerging economies. Corporate governance in less developed and emerging economies. Copyright page.