The policy and practice of corporate governance in Vietnam's 'equitised' companies /
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(Published version)
Date
2008
Authors
Dao, Tung Thanh,
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thesis
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Abstract
Reforming the State-Owned Enterprise (SOE) sector has been a key element of economic reform in Vietnam since 1986. A recent program is the so-called ‘equitisation’ (broadly similar but not identical to privatisation, entailing partial divestment of State owned corporate properties) of the SOEs. One of the underlying objectives of equitisation is to introduce disclosure and other financial disciplines, so as to improve the performance of the state sector and attract foreign investment. Another important aim is to use corporate governance (henceforth CG) as a catalyst for long-term change, in which more transparent business and financial practices would have an opportunity to take root and gradually change the economic behaviour of the Vietnamese. Taking the second perspective, this research focuses attention on two related aspects of CG. First, the research examines the policy implementation of CG principles that were introduced by the Vietnamese government to the equitized companies. Second, the research then evaluates the effectiveness of current CG practice in these companies.
School/Discipline
University of South Australia. School of Commerce.
School of Commerce
School of Commerce
Dissertation Note
Thesis (PhD)--University of South Australia, 2008.
Provenance
Copyright 2008 Tung Thanh Dao. This work is made available under the Creative Commons Attribution-NonCommercial-NoDerivs Australia 3.0 licence (http://creativecommons.org/licenses/by-nc-nd/3.0/au/)
Description
xv, (347 leaves) :
illustrations.
Includes bibliographic references.
illustrations.
Includes bibliographic references.
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506 0#$fstar $2Unrestricted online access