Corporate Governance and Regulation in an Era of Corruption: Recalibrating Asymmetries in Corporate Power: a Jamaican Perspective

By Merrick Watson.

Corporate Governance and Regulation in an Era of Corruption: Recalibrating Asymmetries in Corporate Power: a Jamaican Perspective

Description

Recent episodes of global corporate corruption indicates that current mechanisms of corporate regulation such as corporate governance procedures that focuses on directors duties and existing legislation has been found wanting as it concerns protecting shareholder's interests from acts of corporate malfeasance. The current law appears to inadequately balance shareholder's rights against the power of corporate control held by directors. As a result, it has proven easy for directors and managers to perpetrate all kinds of corporate improprieties. Globally there are encouraging signs ...

ISBN(s)

3844325220, 9783844325225

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