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Asia Pacific Journal of Management
Published in: Asia Pacific Journal of Management 3/2018

07-03-2018 | Reviews

Independent directors in Asian firms: An integrative review and future directions

Authors: Wei Wei, Ryan W. Tang, Jing Yu Yang

Published in: Asia Pacific Journal of Management | Issue 3/2018

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Abstract

Asian firms started to adopt independent directors (InDs) to boards only in the late 1990s after the Asian financial crisis. Despite its relatively short history, Asian firms’ practice of appointing InDs has yielded interesting research findings that may shed new light on the corporate governance literature and management research. However, the literature on InDs in Asian firms has been presented in a piecemeal fashion, which calls for researchers to review and synthesize the disparate findings and identify paths for future research. In this review paper, we identify and systematically analyze 65 articles related to InDs in the Asian context that were published in 21 leading academic journals from 2001 to 2016. Based on this analysis, we developed a framework with four links to map out the Asian InDs-related literature. We also discuss the limitation of the existing research and suggest future research direction on InDs in Asia.
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Footnotes
1
The 11 accounting/finance journals are European Financial Management, Corporate Governance: An International Review, Financial Management, Journal of Accounting and Public Policy, Journal of Banking & Finance, Journal of Business Finance & Accounting, Journal of Corporate Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Pacific-Basin Finance Journal, and Review of Financial Studies. The 10 management journals are Asia Pacific Journal of Management, British Journal of Management, Journal of Business Ethics, Journal of Business Research, Journal of Management & Organization, Journal of Management Studies, Management Decision, Management and Organization Review, Organization Science, and Strategic Management Journal.
 
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Metadata
Title
Independent directors in Asian firms: An integrative review and future directions
Authors
Wei Wei
Ryan W. Tang
Jing Yu Yang
Publication date
07-03-2018
Publisher
Springer US
Published in
Asia Pacific Journal of Management / Issue 3/2018
Print ISSN: 0217-4561
Electronic ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-017-9553-9

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