International Journal of Economic Policy in Emerging Economies · 2009 · 45 citations · 0 references
ManagementCorporate GovernanceEconomicsDevelopment EconomicsInstitutional TheoryRegional GovernanceComparative Corporate GovernanceCorporate Governance MechanismsCorporate Governance RegulationEconomic GovernanceGovernance FrameworksInternational Corporate GovernanceComparative Case Study DesignCorporate ScandalsGovernance ComparisonsLikert Scale DesignLikert Scale DevelopmentPolitical Economy Of GovernancePost-soviet Economic TransitionScale Scores
Corporate governance has become an increasingly important issue in recent years, both as a result of corporate scandals and because more than 20 transition economies in the former Soviet Union, Eastern and Central Europe are in the process of converting their economies from a central planning model to a market model. The present study uses the data from the World Bank ROSC studies on Armenia, Azerbaijan and Georgia and assigns points based on the extent of compliance with the OECD's Principles and compares the relative scores using a five-point Likert Scale.