David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 37 (3):249 - 268 (2002)
In recent years India has been moving further in the direction of adopting an Anglo-American model of corporate governance. This decision, the result more of international economic and political pressures than public debate, in effect represents a new development strategy for the world's most populous democracy. In light of this situation, it is important to ask two basic questions: 1) why has the Anglo-American model of corporate governance been adopted? and; 2) can it be justified? This paper addresses the first of these questions by distinguish and examining three historical models of governance in India: 1) the managing agency model in the colonial period; 2) the business house model that emerged after independence, and; 3) the Anglo-American model which has recently been adopted (and is still emerging). The second question is approached through an examination of the "development impact" of the new model, as indicated by such measures as growth, employment and respect for shareholder rights.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Sandra C. Vera-Muñoz (2005). Corporate Governance Reforms: Redefined Expectations of Audit Committee Responsibilities and Effectiveness. [REVIEW] Journal of Business Ethics 62 (2):115 - 127.
G. J. Rossouw, A. van der Watt & D. P. Malan Rossouw (2002). Corporate Governance in South Africa. Journal of Business Ethics 37 (3):289 - 302.
OnKit Tam (2002). Ethical Issues in the Evolution Ofcorporate Governance in China. Journal of Business Ethics 37 (3):303 - 320.
Viet Ha Hoang (2006). Securities Market and Corporate Governance of Privatised Firms. International Journal of Business Governance and Ethics 2 (s 3-4):254-279.
Bryan W. Husted & Carlos Serrano (2002). Corporate Governance in Mexico. Journal of Business Ethics 37 (3):337 - 348.
Boniface Ahunwan (2002). Corporate Governance in Nigeria. Journal of Business Ethics 37 (3):269 - 287.
Javed Siddiqui (2010). Development of Corporate Governance Regulations: The Case of an Emerging Economy. [REVIEW] Journal of Business Ethics 91 (2):253 - 274.
Darryl Reed (2002). Corporate Governance Reforms in Developing Countries. Journal of Business Ethics 37 (3):223 - 247.
Silke Machold & Ajit Kumar Vasudevan (2004). Corporate Governance Models in Emerging Markets: The Case of India. International Journal of Business Governance and Ethics 1 (1):56-77.
Added to index2009-01-28
Total downloads8 ( #158,446 of 1,096,251 )
Recent downloads (6 months)0
How can I increase my downloads?