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This chapter challenges simplistic narratives of global corporate governance convergence by examining the complex reality of corporate governance in Asia. We introduce “faux convergence,” where jurisdictions adopt Anglo-American governance forms while adapting their function for local needs. Through analyzing independent directors, derivative actions, and stewardship codes across Asia, we show how surface-level similarities mask diverse practical implementations. Inter-Asian comparisons reveal local factors shaping governance that East–West comparisons might miss. By examining how Asian jurisdictions adapt similar governance mechanisms, we gain insights into the relationship between legal transplants and jurisdiction-specific practices in corporate law and governance. The faux convergence framework and inter-Asian comparative approach advance our understanding beyond simplistic convergence theories toward more nuanced, contextual perspectives that better reflect corporate governance in a globalized-yet-regionalized world. This research demonstrates the importance of careful, contextual analysis in comparative corporate law and governance, with inter-Asian comparison providing a valuable analytical tool.
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