Corporate Governance in Hong Kong: Key Problems and Prospects
CUHK Centre for Accounting Disclosure and Corporate Governance Research Paper No. 1
62 Pages Posted: 10 Oct 2003
Date Written: August 2003
This paper reviews the background, practice, core problems, effectiveness and prospects of corporate governance in Hong Kong. Areas discussed include the standard and core problems, legal and regulatory framework, owner-directors and conflicts with minority shareholders, directors' duties and board practice, accounting/disclosure standard setting and corporate reporting, auditor independence and accountability, market intermediaries and analysts, empowering minority shareholders and shareholder activism, and convergence of CG practice.
Keywords: corporate governance, corporate ownership, disclosure, Hong Kong
JEL Classification: D21, G32, G34, K22, M141, M44, M45, M47
Suggested Citation: Suggested Citation