Post-Asian financial crisis reforms: an emerging new embedded-relational governance model

Janice Loftus and John Purcell

Accounting, Business and Financial History, 2008, vol. 18, issue 3, pages 335-355

Abstract: The late 1980s and early 1990s saw rapid economic growth and subjugation of social policy and environmental concerns, as development was driven through the corporate and financial sectors in East and Southeast Asian economies, fuelled by free market reforms as societies edged towards neo-liberalism. The Asian financial crisis was the catalyst for the emergence of a new embedded-relational governance model, which emphasises the social and environmental dimensions of the welfare state, while relying on decentralised civil society initiatives and business self-regulation in implementing corporate social responsibility. This study focuses on corporate governance and financial system reforms introduced in the aftermath of the Asian financial crisis.

Keywords: corporate governance; corporate social responsibility; embedded-relational governance (search for similar items in EconPapers)
Date: 2008

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:taf:acbsfi:v:18:y:2008:i:3:p:335-355

Ordering information: This journal article can be ordered from
http://www.tandf.co.uk/journals/subscription.html

Access Statistics for this article

Accounting, Business and Financial History is edited by J R Edwards and Trevor Boyns

More articles in Accounting, Business and Financial History from Taylor and Francis Journals
Series data maintained by Christopher F. Baum ().