Effective Financial Market Regulation and Corporate Governance after the Korean Financial Crisis: Lessons from the United States
نویسنده
چکیده
This paper discusses the need for effective financial market regulation as Asia recovers from the crisis. Specifically, we argue that transparency must be improved, that regulation must be more effective, and that regulatory bodies must be tough. In making these suggestions, we draw on the experience of the United States, with special ferencetothe Securities and Exchange Commission.
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