Research on corporate governance, until recently, has been generated against experiences and events in the developed markets by using data relevant to these markets. The outcome of research as such has not always been appropriate or relevant as the basis for analysis of reform considerations for developing countries. To promote the corporate governance policy agenda in emerging markets and transition economies, the Forum has supported and endorsed a network of leading academics under the auspices of its Emerging Markets Corporate Governance Research Network to:
The aim of the network is to raise the academic quality of research on CG in emerging markets, to foster international exchange among scholars in all regions and to enhance the dialogue of researchers with policy makers and the private sector. Structured dialogues between academics and practitioners on the implications of research for policy development and on the real world challenges can play very useful roles in setting research agenda. Activities of the network involve conferences, seminars and workshops and the sharing of papers and data.
Events The Network organizes biannual international academic conferences where the forthcoming issues in corporate governance are identified and broad lessons of corporate governance in developing countries are drawn. The conferences include policy makers and practitioners. First International Conference on Corporate Governance in Emerging Markets, Istanbul, November 2007. Second International Conference on Corporate Governance in Emerging Markets, Sao Paulo, July 2009. Workshops are held in between the global conferences where a small number of senior, international researchers and practitioners interact with a small group of more junior researchers. The First workshop on Corporate Governance in Emerging Markets was held in Yale University, Millstein Center of Corporate Governance and Performance. For more details and downloading papers please click here. For the workshop report, please click here. Activity Reports
Country-Specific Research China What Makes Privatization Work? The Case of China, Chenggang Xu Succession: The Roles of Specialized Assets and Transfer Costs, Joseph Fan Colombia Cross-shares, Broad Structure and Firm Performance in Emerging Markets, Carlos Pombo Egypt Developing Nations and Corporate Governance: The Story of Egypt, Khaled Dahawy Romania Delisting Decisions of Frontier Emerging Markets: An Institutional Profile of Going to Private Transactions in Romania, Diana Pop Turkey Moral Hazard, Corporate Governance, and Bank Failure: Evidence from the 2000-2001 Turkish Crisis, Canan Yildirim Southeast European countries (Slovenia, Croatia and Montenegro) Agent's Response to Inefficient Judiciary: Social Norms and the Law in Transition, Alexandra Gregoric, Marko Simoneti, and Katarina Zajc |