Bank-based systems of corporate governance are certainly an alternative in many Asian economies. In spite of the great efforts directed to strengthening corporate governance along the Anglo-American model in recent years, the effectiveness of this model is far from being clear. Among other...

Employees with valuable human capital are becoming the most essential asset in the era of global competition, and a great challenge for corporate governance is how to motivate them. Employees will increasingly be induced to participate in shop floor decision-making. This will gradually allow...