Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110604
Authors: 
Michael, Bryane
Goo, Say
Year of Publication: 
2015
Abstract: 
Hong Kong leads the rank tables as an international financial centre. However, the data indicate that some parts of her corporate governance arrangements probably detract from – rather than contribute to – that leading position. In this brief, we show how excessive shareholding concentration, probably self-dealing, insufficient minority shareholder recourse to mechanisms aimed at protecting their investments, and Hong Kong’s close links with several “tax havens” probably weaken Hong Kong’s role as an international financial centre. We present 18 recommendations aimed at increasing the volume of international financial capital coming to the city by improving Hong Kong’s corporate governance.
Subjects: 
corporate governance
hong kong
JEL: 
G34
K22
Document Type: 
Preprint

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.