Financial support from a CMMU faculty research grant is gratefully acknowledged. We thank an anonymous referee for valuable comments and suggestions. We also thank Barry Eichengreen, Ingolf Dittmann, Vikramaditya Khanna, Anzhela Knyazeva, Michael Lemmon, Nareerat Taechapiroontong, Thanaphol Virasa, Kelvin Willoughby for their comments, along with participants at the European Financial Management Association 2008 meeting, the Asian Finance Association 2008 meeting, the EFM Symposium 2009 on Corporate Governance and Control, and the 2009 Journal of Corporate Finance Conference on Corporate Finance and Governance in Emerging Markets. We are indebted to the Corporate Governance Center of the Stock Exchange of Thailand for providing data on corporate governance of Thai listed firms. Special thanks to Suraphon Buphakosum of the SET CG Center for his help. All errors are our own. Correspondence: Roy Kouwenberg.
Do Firms Decouple Corporate Governance Policy and Practice?
Article first published online: 2 SEP 2010
© 2010 Blackwell Publishing Ltd
European Financial Management
Volume 16, Issue 5, pages 712–737, November 2010
How to Cite
Ananchotikul, N., Kouwenberg, R. and Phunnarungsi, V. (2010), Do Firms Decouple Corporate Governance Policy and Practice?. European Financial Management, 16: 712–737. doi: 10.1111/j.1468-036X.2010.00545.x
- Issue published online: 24 OCT 2010
- Article first published online: 2 SEP 2010
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