Global Diffusion of Anglo-American Governance:Evaluating Responses Across Three Emerging Economies

2017 
Our paper explores the implementation and execution of corporate governance in Cameroon, Kenya and Pakistan. We analysed 24 in-depth semi-structured interviews, conducted with key corporate governance players involved in the corporate governance landscapes across the three countries. The findings show that: (i) corporate governance implementation processes in Cameroon, Kenya and Pakistan are nascent and driven by international forces rather than local initiatives, (ii) corporate governance lacks institutional identity across the three countries as regulatory guidelines act as a key driver to corporate governance, and (iii) the impact of corporate governance on firm performance was mixed across the three countries.
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