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, we examine Hong Kong and Singapore, two Asian financial centers with national corporate governance codes that are closely … principles has broadly followed the Anglo-American model. However, Hong Kong and Singapore have listed companies that differ from …) firms listed in Hong Kong and Singapore. Although this article does not fundamentally challenge the utility of the OECD …
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"The fundamental unit of production in microeconomics is the firm, and this mirrors reality in the United States and United Kingdom. But elsewhere, business groups can be the more important unit, for business strategy is often formulated at the business group level, not the firm level. In many...
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