Globalization and Corporate Governance in Developing Countries: Micro Analysis of Global Corporate Interconnection between Developing African Countries and Developed Countries

In the new age of globalisation, business corporations implement global corporate structures and strategies such as cross-border sales of securities, cross-border listing of securities, and cross-border mergers and take-overs. These structures operate in the context of increasing world-wide pressure for, and the implementation of national economic policies of liberalisation and deregulation, the intensification of international economic relations and interdependence. This book analyses the dynamics of global corporate interconnection between developing countries and developed countries through cross-border securities transaction such as, cross-border listing of securities, cross-border mergers and take-overs. Particularly, the book examines the effects of such corporate interconnection on corporate governance in developing countries and the developed countries, such as the US, with which they interconnect.