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1 Comment-
Research paper argues that so-called “emerging economies” do not comply with corporate governance practices (laws, accounting practices, kwk) due to the fact that those practices are viewed as foreign and coercive. Therefore, incorporating local and national business culture would help with implementation and enforcement.
The authors do not say so, but they are clearly documenting imperialism. An economic theory and practice based on the local, indigenous knowledge is the way to fight back.
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