TheMcKinseyQuarterly2004Number2 54 Asia’sgovernancechallenge 55 TheMcKinseyQuarterly2004Number2 54 Asia’sgovernancechallenge 55 Thefinancialcrisis1990 1, Asia’sgovernance challenge CorporategovernanceinAsiahasimproved,butimplantingnew formsofbehaviorwilltaketime. DominicBarton,PaulCoombes, andSimonChiu-YinWong TheMcKinseyQuarterly2004Number2 56 Asia’sgovernancechallenge 57 Isbestpracticebestfor theregion? P P P P P P P P P P P P P P P P P P P P P P P P P TheMcKinseyQuarterly2004Number2 56 Asia’sgovernancechallenge 57 Improvingtransparency 1 chaebol 1 TheMcKinseyQuarterly2004Number2 58 Asia’sgovernancechallenge 59 Regulationswithbite 2 2 2002 2 TheMcKinseyQuarterly2004Number2 58 Asia’sgovernancechallenge 59 Thepowerofinvestors 3, $23 TheMcKinseyQuarterly2004Number2 60 Asia’sgovernancechallenge 61 Caijing The Edge Embracingchange 3 4 5 3 4 5 TheMcKinseyQuarterly2004Number2 60 Asia’sgovernancechallenge 61 6 DominicBarton PaulCoombes, SimonWong 2004 6 The McKinsey Quarterly20024126–37 12116 Q . TheMcKinseyQuarterly 2004 Number2 54 Asia’s governance challenge 55 TheMcKinseyQuarterly 2004 Number2 54 Asia’s governance challenge 55 Thefinancialcrisis1990 1, Asia’s governance . 55 Thefinancialcrisis1990 1, Asia’s governance challenge Corporate governance inAsiahasimproved,butimplantingnew formsofbehaviorwilltaketime. Dominic Barton, PaulCoombes, andSimonChiu-YinWong TheMcKinseyQuarterly 2004 Number2 56 Asia’s governance challenge. challenge Corporate governance inAsiahasimproved,butimplantingnew formsofbehaviorwilltaketime. Dominic Barton, PaulCoombes, andSimonChiu-YinWong TheMcKinseyQuarterly 2004 Number2 56 Asia’s governance challenge 57 Isbestpracticebestfor theregion?