Publication: Self-Dealing : Sneaking Corporate Value through the Back Door
Date
2006-09
ISSN
Published
2006-09
Author(s)
Abstract
Self-dealing, prevalent in emerging
markets, often harms minority shareholders. The
related-party transaction is one common technique,
especially in markets with weak law enforcement. Beyond
self-dealing, other methods of expropriation, such as
insider trading and dilution of share value, can also harm
minorities. Countries can use several tactics to combat
self-dealing, including improving disclosure, strengthening
regulatory enforcement, and increasing public awareness of
good governance and investor rights. While not always
successful, these measures often go a long way toward
protecting minority investors.
Citation
“Nenova, Tatiana; Hickey, Catherine. 2006. Self-Dealing : Sneaking Corporate Value through the Back Door. Viewpoint: Public Policy for the Private Sector; Note No. 312. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/7ebce87d-a237-55a5-9a00-de8c62622866 License: CC BY 3.0 IGO.”
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