Investors and companies need to work together to create a global corporate governance model
Given the highly interlinked nature of today's capital markets, companies and investors cannot ignore events occurring in other parts of the world. The Asian flu has spread all too rapidly to Latin America and other emerging markets. But it hasn't just increased the volatility of equity investment: latest indications are that it may also be affecting direct corporate investment in these regions. The latter is generally viewed as more stable corporate investment and its increased volatility
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Carolyn Brancato
Dr Carolyn Kay Brancato is director of the Conference Board's Global Corporate Governance Center
