This book analyses the complex relationship between corporate
governance and economic development by focusing on the reform of
corporate governance, the role of the legal system, and the
interconnections with the financial system.Corporate governance has
a central role to play in helping to increase the flow and lower
the cost of the financial capital that firms need to finance their
investment activity. The importance of this role has grown
considerably in recent years, and the findings of this book
emphasize that the standard of corporate governance matters
significantly for developing countries. The editors rediscover that
improved corporate governance can contribute to sustained
productivity growth and stability of institutions. This timely and
insightful book offers a one-stop reference guide for
practitioners, academics, researchers, donor agencies and those who
are interested in understanding the multi-dimensional and
interdisciplinary aspects of corporate governance.
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