Практика раскрытия информации о корпоративном управлении в Индии на примере телекоммуникационной отрасли
Аннотация
Индия представляет собой яркий пример переходной экономики, когда страна адаптирует концепцию корпоративного управления для своей экономической и культурной среды. Ключевым элементом эффективного корпоративного управления является раскрытие информации о корпоративном управлении, к которому исследователи экономики Индии и стран БРИКС проявляют все больший интерес. В настоящей работе приведен метаобзор литературы по раскрытию данных о корпоративном управлении в Индии. Новизна анализа заключается в нескольких аспектах. Во-первых, мы делаем акцент на характерных особенностях нормативно-правовой базы по раскрытию информации о корпоративном управлении, которые схожи с особенностями развитых стран, а также описываем черты, уникальные именно для Индии. Во-вторых, в нашем исследовании рассматривается ряд эмпирических работ, посвященных раскрытию информации о корпоративном управлении в Индии, с целью поиска характерных для этой страны моделей взаимосвязи между раскрытием информации и финансовыми результатами деятельности компаний. В-третьих, работа предоставляет данные о наличии особых характеристик раскрытия информации о корпоративном управлении в Индии на примере активно развивающейся телекоммуникационной отрасли. Телекоммуникационную отрасль можно считать типичным примером инновационной бизнес-модели Индии, с точки зрения истории либерализации, роста конкуренции в отрасли, важности увеличения прибыли и стимулирования роста компании. Наш анализ показывает, что Индия применяет ряд подходов к раскрытию информации о корпоративном управлении, присутствующих в крупных западных экономиках, и что можно провести параллели между
практикой раскрытия информации и законодательной базой в Индии и Великобритании. При этом практика раскрытия информации о корпоративном управлении Индии обладает уникальными особенностями, которые можно объяснить специфическими характеристиками ее экономического развития.
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