Editorial: Implications of different corporate governance models in emerging and developing economies

Abstract

On behalf of the editorial team, I am extremely honoured to introduce you to the Special Issue of Volume 11 (2022) of the Journal of Governance and Regulation. As you may be aware, a number of corporate governance regulations have been implemented around the world including the principles-based approach to corporate governance in the United Kingdom (UK) and the rules-based approach to corporate governance in the United States (USA). In Continental Europe, the two-tier board model is dominant while the Japanese business network model and the Asian family-based model contribute to the list (Larcker & Tayan, 2021; Farag, Mallin, & Ow-Yong, 2018; Mallin, 2018; Judge, 2010). However, the effectiveness of these different corporate governance regulations in ensuring accountability is not yet clear in emerging and developing economies.