Supported in part through funding from the Office of the Provost: Distinguished Visiting Scholar Program.
Join us as we welcome Distinguished Visiting Scholar Gen Goto, who is presenting “Faux Convergence in Asian Corporate Governance: Unmasking the Illusion of Anglo-American Transplants.“
This lecture challenges simplistic narratives of global corporate governance convergence by examining the complex reality of corporate governance in Asia by introducing the concept of “faux convergence,” where jurisdictions adopt the outward form of Anglo-American governance mechanisms while adapting their substance and function to serve local purposes. Through in-depth analysis of independent directors, derivative actions, and stewardship codes across major Asian jurisdictions, we demonstrate how superficial similarity in form often masks significant diversity in function. Understanding this pattern of faux convergence is crucial for developing more nuanced taxonomies of comparative corporate governance.