Show simple item record

FieldValueLanguage
dc.contributor.authorNottage, Luke
dc.date.accessioned2024-09-04T23:00:55Z
dc.date.available2024-09-04T23:00:55Z
dc.date.issued2020en_AU
dc.identifier.urihttps://hdl.handle.net/2123/33049
dc.description.abstractThis article outlines the developments and challenges involved in introducing a new securities market in Cambodia, a developing country with a relatively open economy but some significant government-linked enterprises as well as family-linked firms. They operate in an environment characterised by an authoritarian democracy, limited regulatory capacity and access to courts, extensive corruption, and quite ready access to bank finance. Corporate and securities legislation has been enacted, and a new stock exchange has been established with support from Korea, but it has struggled to attracted many listings. The article focuses on the requirements introduced for independent directors, as well as non-executive directors more broadly, in Cambodia’s listed companies. Recent research illustrates how such requirements reveal important features of corporate governance regimes across Asia. The article briefly compares developments in Singapore, Thailand and Malaysia, as well as other Southeast Asian states with more fledgling stock markets such as Laos and Myanmar. The path-breaking partly empirical analysis uncovers when and why independent director requirements were introduced in Cambodia, how they were implemented, who are the independent directors, and what the (likely) impacts are from independent directors.en_AU
dc.language.isoenen_AU
dc.publisherLexisNexisen_AU
dc.relation.ispartofAustralian Journal of Corporate Lawen_AU
dc.rightsCopyright All Rights Reserveden_AU
dc.subjectsecurities marketen_AU
dc.subjectdeveloping countryen_AU
dc.subjectopen economyen_AU
dc.subjectauthoritarian democracyen_AU
dc.subjectindependent directorsen_AU
dc.titleFledgling corporate governance and independent directors in Cambodia’s securities marketen_AU
dc.typeArticleen_AU
dc.subject.asrcANZSRC FoR code::48 LAW AND LEGAL STUDIES::4803 International and comparative law::480301 Asian and Pacific lawen_AU
dc.subject.asrcANZSRC FoR code::48 LAW AND LEGAL STUDIES::4806 Private law and civil obligations::480601 Contract lawen_AU
dc.type.pubtypePublisher's versionen_AU
dc.rights.otherThis article was published by LexisNexis and should be cited as: Nottage, L. (2020). Fledgling corporate governance and independent directors in Cambodia’s securities market. Australian Journal of Corporate Law, 35(2), 208–234.en_AU
usyd.facultySeS faculties schools::The University of Sydney Law Schoolen_AU
usyd.citation.volume35en_AU
usyd.citation.issue2en_AU
usyd.citation.spage208en_AU
usyd.citation.epage234en_AU
workflow.metadata.onlyNoen_AU


Show simple item record

Associated file/s

Associated collections

Show simple item record

There are no previous versions of the item available.