Introduction -- Corporate governance and economic development : the nexus -- Corporate ownership, control, and corporate governance -- The separation of ownership and control in Sri Lanka -- Determinants of ownership and control structures in Sri Lanka -- Controlling shareholder systems and corporate governance
Summary
The governance of companies is of importance to developing countries due to the link between effective corporate governance and economic development. Ownership and control of public companies, except in the US and UK, are often in the hands of a few individuals, families or corporate groups and impact on corporate governance and economic development. Using Sri Lanka as an illustrative example, this book sets out the implications of corporate ownership and control structures on the governance of companies, and suggests a reform agenda to meet the challenges posed by such structures. Any analysi