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Code and Culture in Asian Corporate Governance. Prof. Lawrence S. Liu Lee and Li, Attorneys at Law, and Soochow University Taipei March 26, 2003 Kuala Lumpur, Malaysia OECD 5th Asian Corporate Governance Roundtable. Cultural Context for Corporate Governance Codes. - PowerPoint PPT Presentation
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Code and Culture
in Asian Corporate Governance
Prof. Lawrence S. LiuLee and Li, Attorneys at Law, and Soochow University
Taipei
March 26, 2003
Kuala Lumpur, Malaysia
OECD 5th Asian Corporate Governance Roundtable
2
Cultural Context for Corporate Governance Codes
Malaysian Best Practice Code as A Case in Point"Legal Culture": Commonwealth and Common Law "Culture Culture""Business Culture"
3
Features and Functions of Best Practice Codes
Comply or DiscloseIndustry/Market PressureSoft Law
4
Post-Enron Reflections on Best Practice Codes in Asia
Best Practice Guidelines Still Important
But Shifting Focus towards "Hard Law"
Also Shifting Focus towards "Hard Enforcement"
5
THANK YOU
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