Corporate governance reform in East Asia

Asks the question: how can we enhance corporate governance practices in East Asia? To address this question, reviews recent research findings that have greatly enhanced our understanding of corporate governance practices in East Asian jurisdictions. Concludes by examining three areas of reform. First, investor protection may require radical changes to law and the enforcement of such laws. Second, market‐based changes, which do not require legal reform per se. Finally, observes that corporate governance may be enhanced through the use of mid‐1990s techniques of strategic management in national planning for capital market development.