Imperfect legal systems and embryonic financial systems are not uncommon features of many emerging market and developing economies. However, the remarkable economic growth taking place among the economies of South Asia, despite poorly functioning legal systems and emerging financial systems is...

The governance of companies is of importance to developing countries due to the link between effective corporate governance and economic development. Ownership and control of public companies, except in the US and UK, is often in the hands of a few individuals, families or corporate groups and...

The governance of companies is of importance to developing countries due to the link between effective corporate governance and economic development. Ownership and control of public companies, except in the US and UK, is often in the hands of a few individuals, families or corporate groups and...

Key Features:Gives a detailed account of the ownership structure of Sri Lankan companies based on original empirical researchDevelops the idea that, in the absence of effective enforcement mechanisms and high-quality legal protection for minority shareholders, major lenders may be called upon to...