Academic

Kamal & Mahnudur on Explaining Corporate Governance in Developing Countries

By Lawrence Solum

Miko Kamal and Mia Mahmudur Rahim (Macquarie University - Macquarie Law School) have posted Changes in the Corporate Governance Patterns in Developing Countries: Guesses on Ideological Imbalance on SSRN.  Here is the abstract:

The pattern of a nation's corporate governance is not a matter of injection rather it is a matter of quiet harmony of complex international and ongoing national forces. Following this notion this article extends to figure out the possibilities of disharmonious relationship between the basics of national and corporate governance pattern due to the ideological imbalances. By putting Indonesia as an instance, it finds that the newly injected corporate governance pattern is not performing as it was desired and one of the reasons behind this ill performance is the incompatibility of Indonesia's economic ideology with the neo-liberal notion of corporate governance.

Full post as published by Legal Theory Blog on January 20, 2009 (boomark / email).