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On 3-5 March 1999 in Seoul, the OECD, under the auspices of the Centre for Co-operation with Non-Members, organised a senior experts meeting on "Corporate Governance in Asia: A Comparative Perspective". The meeting was co-hosted by the Korean Development Institute (KDI) and the Korean government and was co-sponsored by the Japanese government and the World Bank. A debate developed around a set of country papers on corporate governance arrangements in the above countries and a set of substantive presentations by experts and consultants, including presentations by OECD, KDI and the World Bank experts.

The continuing relevance of corporate governance as one of the main factors in the 1997-98 crisis and as an area of major policy reform was underlined by all participants. Deputy Secretary General Joanna Shelton focused on the important role that the OECD Corporate Governance Principles are expected to play in the design of reforms and the international policy dialogue that would develop around them. Most of the countries declared their readiness to use the OECD Principles, as a main benchmark and a gauge of progress in the context of this dialogue.

• Agenda
• Synthesis Note
• General Information on the Asian Corporate Governance Roundtable

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Selected papers from this conference which reviewed recent changes in corporate governance practices prompted by the Asian financial crisis were published August 2001. The book can be browsed or purchased via the OECD online bookshop.

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Materials

• The Importance of Corporate Governance in OECD and non-OECD Economies. Opening remarks by Joanna Shelton, Deputy Secretary-General, OECD
• Chaebol Reform: the missing agenda in "corporate governance", by Yoon Youngmo, International Secretary, Korean Confederation of Trade Unions
• Comparative Corporate Governance Trends in Asia, by Il Chong Nam, Yeongjae Kang, and Joon-Kyung Kim, Korea Development Institute
• Corporate Governance and Restructuring in Malaysia:- A Review of Markets, Mechanisms, Agents & The Legal Infrastructure, by R Thillainathan, Director of Finance, Genting Berhad, Malaysia [ pdf document  / excel charts  ]
• Corporate Governance in Asia: A Comparative Perspective, by Cally Jordan, Special Counsel, Asian Development Bank
• Corporate Governance in Chinese Taipei, by Chen-en Ko, Professor, National Taiwan University, Kung-Wha Ding, Vice Chairman, Securities and Futures, Commission, Ministry of Finance Chinese Taipei, Chi-Chun Liu, Associate Professor, National Taiwan University, and Yin-hua Yeh, Associate Professor, Fu-Jen Catholic University
• Corporate Governance in Japan, by Takahiro Yasui, Administrator, OECD [ pdf document  /  tables figures ]
• Corporate Governance in Korea, by Il Chong Nam, Joon-Kyung Kim, Yeongjae Kang, Sung Wook Joh, and Jun-Il Kim, Korea Development Institute
• Corporate Governance in Malaysia - an Assessment, by the Securities Commission of Malaysia
• Corporate Governance in Singapore: Current Practice and Future Developments, by Mak Yuen Teen and Phillip H. Phan, National University of Singapore
• Corporate Governance in the UK, by Colin Mayer, Said Business School, University of Oxford (UK) [ pdf document  / powerpoint presentation ]
• document
• Corporate Governance: The Challenge Facing the Thai Economy , by Deunden Nikomborirak and Somkiat Tangkitvanich, Thailand Development Research Institute [  document  / tables and figures ]
• Corporate Restructuring in Korea and Thailand: Discussion Outline, by William P. Mako, Senior Analyst, Corporate Restructuring, Private Sector Development Department, The World Bank
• Creating Strong Stock Markets by Protecting Outside Shareholders, by B. Black, Professor of Law, University of Stanford
• Disclosure and Corporate Governance: A Japanese Perspective, by Hideki Kanda, Professor of Law, University of Tokyo
• The Importance of Transparency and Disclosure, by Brian Brown, PriceWaterhouseCoopers [ pdf document  / powerpoint presentation ]
• Introducing Transparency in Corporate Groups : Korean Context, by Il-Sup Kim, PriceWaterhouseCoopers
• Japanese Financial Instability and Weaknesses in the Corporate Governance Structure, by Mitsuhiro Fukao, Faculty of Business and Commerce, Keio University [  document  / tables and figures ]
• Korea's Corporate Governance System: Under the Remedies, by Oh-Seok Hyun, Director, General Economic Policy Bureau, Ministry of Finance & Economy
• Latest Directions in Corporate Governance, by Ian Dunlop, Chief Executive Officer, Australian Institute of Company Directors
• Philippine Corporate Governance Environment and Policy and their Impact on Corporate Performance and Finance, by Dr. Cesar G. Saldaña, Principal, PSR Consulting [  document  / table 1  / table 2  / table 3 ]
• Role and responsibilities of the board of directors from a perspective of large German companies, by Manfred Balz, General Counsel, Deutsche Telekom
• The rupture of the French Model of Capital Holding and Management, by Laurence Loulmet and François Morin, Universite de Toulouse, France