... diverse regulatory and institutional environments within Asia. Practical implications The findings of this study suggest that strengthening governance mechanisms is a key decision for improving ESG performance in Asia. For investors, the composite CGI offers a more reliable governance signal...

... are fundamentally different in their acceptance of international standards requiring more disclosure requirements than existing domestic standards. Tower et al. (1999) study of the extent of International Accounting Standard (IAS) compliance in six countries in the Asia‐Pacific region conclude...