In many countries in Asia, it is claimed that concentration of ownership/control by families of companies causes particular difficulties with corporate governance. For example, Hong Kong billionaire Richard Li owns 75 per cent of Singapore-listed Pacific Century Regional Developments.

Instructions: 

1.   Examine corporate governance guidelines and identify specific recommendations for practice aimed at protecting minority investors.

2.   Would these suggested practices be effective where there is a higher concentration of family control in a company?

Answer rating: 100% (QA)

Profitprotection protection The level of interest rate control measures measure shareholder protection against directors misuse of business assets for their own benefit by dividing the three categorie... View the full answer