Related Party Transactions in East Asia PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Related Party Transactions in East Asia PDF full book. Access full book title Related Party Transactions in East Asia by Kon Sik Kim. Download full books in PDF and EPUB format.
Author: Kon Sik Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Get Book Here
Book Description
Related party transactions (RPTs) exist in most countries, including developing countries as well as those already developed. RPTs may take place on an ad hoc basis, or routinely. Routine RPTs are commonly found in a corporate group structure and pose tougher regulatory challenges than ad hoc RTPs do. The degree of prevalence of RPTs and the shape of their regulation vary country by country, reflecting differences in their corporate governance environment. Stated reversely, a glimpse into the actual regulation of RPTs may shed light on essential features of the corporate governance ecosystem of a particular jurisdiction. This is a chapter for Luca Enriques and Tobias Tröger, eds., The Law and Finance of Related Party Transactions (Cambridge University Press, forthcoming). The purpose of this chapter is to examine, from a comparative perspective, the status of RPTs and their regulation in three East Asian countries, namely Japan, South Korea and China. This chapter will primarily focus on routine RPTs involving large listed firms - which will serve as a convenient window through which to view the complex world of corporate governance in the three aforementioned countries. This chapter proceeds as follows. Part II sets out the theoretical framework which serves as a basis for the ensuing discussion. It will address basic perspectives and conventional strategies employed to deal with RPTs. Part III entails a brief survey of the current status of RPTs and the regulatory structure in each jurisdiction. It will first present basic RPT-related data, and go on to outline substantive constraints, procedural constraints and disclosure requirements applicable to RPTs. Based on this survey, Part IV will attempt to make some general observations from a comparative perspective. Part V will offer a conclusion.
Author: Kon Sik Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Get Book Here
Book Description
Related party transactions (RPTs) exist in most countries, including developing countries as well as those already developed. RPTs may take place on an ad hoc basis, or routinely. Routine RPTs are commonly found in a corporate group structure and pose tougher regulatory challenges than ad hoc RTPs do. The degree of prevalence of RPTs and the shape of their regulation vary country by country, reflecting differences in their corporate governance environment. Stated reversely, a glimpse into the actual regulation of RPTs may shed light on essential features of the corporate governance ecosystem of a particular jurisdiction. This is a chapter for Luca Enriques and Tobias Tröger, eds., The Law and Finance of Related Party Transactions (Cambridge University Press, forthcoming). The purpose of this chapter is to examine, from a comparative perspective, the status of RPTs and their regulation in three East Asian countries, namely Japan, South Korea and China. This chapter will primarily focus on routine RPTs involving large listed firms - which will serve as a convenient window through which to view the complex world of corporate governance in the three aforementioned countries. This chapter proceeds as follows. Part II sets out the theoretical framework which serves as a basis for the ensuing discussion. It will address basic perspectives and conventional strategies employed to deal with RPTs. Part III entails a brief survey of the current status of RPTs and the regulatory structure in each jurisdiction. It will first present basic RPT-related data, and go on to outline substantive constraints, procedural constraints and disclosure requirements applicable to RPTs. Based on this survey, Part IV will attempt to make some general observations from a comparative perspective. Part V will offer a conclusion.
Author: Luca Enriques
Publisher: Cambridge University Press
ISBN: 1108429289
Category : Business & Economics
Languages : en
Pages : 539
Get Book Here
Book Description
This is a comprehensive look at the challenges legislators face in regulating related party transactions in a socially beneficial way.
Author: Luca Enriques
Publisher: Cambridge University Press
ISBN: 9781108453738
Category : Law
Languages : en
Pages : 538
Get Book Here
Book Description
A globe-spanning group of leading law and finance scholars bring together cutting-edge research to comprehensively examine the challenges legislators face in regulating related party transactions in a socially beneficial way. Combining theoretical analysis of the foundations of efficient regulation with empirical and comparative studies, readers are invited to draw their own conclusions on which regulatory responses work best under differing circumstances. The careful selection of surveyed jurisdictions offers in-depth insight into a broad variety of regulatory strategies and their interdependence with socioeconomic and political conditions. This work should be read by scholars, policymakers, and graduate students interested in a critical, much-debated area of corporate governance.
Author: F. Gul
Publisher: Springer
ISBN: 0230523277
Category : Social Science
Languages : en
Pages : 269
Get Book Here
Book Description
This book examines government/regulatory responses to the Asian Financial Crisis which brought unprecedented financial turmoil for most East Asian countries. It provides thought-provoking insights on fundamental differences in the institutional and regulatory framework of 10 East Asian countries, including an assessment of the various corporate governance reforms after the crisis.
Author: Jianxun Chen
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 30
Get Book Here
Book Description
Author: Stijn Claessens
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 36
Get Book Here
Book Description
This paper investigates the benefits and associated agency costs of using internal capital markets through affiliating with groups using data of two thousand firms from nine East Asian economies between 1994-96. We find that mature and slow-growing firms with ownership structures more likely to create agency problems gain more from group affiliation, while young and high-growth firms more likely lose. Agency problems are important explanatory factors of firm value in economies outside Japan, but less so in Japan. Consistent with the literature, financially-constrained firms benefit from group affiliation. Our results are robust to different time periods and estimation techniques.
Author: Mohd Mohid Rahmat
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 602
Get Book Here
Book Description
Author: Swati R. Ghosh
Publisher: World Bank Publications
ISBN: 0821367447
Category : Business & Economics
Languages : en
Pages : 234
Get Book Here
Book Description
This study analyzes the key issues and constraints -- in terms of efficiency, access and safety and soundness -- faced by East Asian countries in developing their financial markets which are at different stages of development, drawing on global experience. The study takes stock of the initiatives being undertaken at the regional level to foster greater financial integration as a means of deepening and diversifying financial markets, and on the policy issues that need to be addressed at the domestic level to deepen and diversify financial markets and to actually benefit from the actions that are being taken at the regional level.
Author: Roman Tomasic
Publisher: Routledge
ISBN: 1351571540
Category : History
Languages : en
Pages : 562
Get Book Here
Book Description
The shift of economic gravity towards East Asia requires a critical examination of law's role in the Asian Century. This volume explores the diverse scholarly perspectives on law's role in the economic rise of East Asia and moves from general debates, such as whether law enjoys primacy over culture, state intervention or free markets in East Asian capitalism, to specific case studies looking at the nature of law in East Asian negotiations, contracts, trade policy and corporate governance. The collection of articles exposes the clefts and cleavages in the scholarly literature explaining law's form, function and future in the Asian Century.
Author: Roman Tomasic
Publisher: Routledge
ISBN: 0429861532
Category : Law
Languages : en
Pages : 708
Get Book Here
Book Description
First published in 1999, this volume provides an overview of company laws in South East Asia, North East Asia and the Pacific. The chapters adopt a standard format to allow for comparisons to be made as well as highlighting key features of company laws in each jurisdiction. The contributors are experts in their fields and present practical and policy related insights. The book also contains some useful overviews of company law themes in Asia.
