Corporate Governance Failures in Emerging Economies ? Evidence from Pakistan provides detailed insights regarding corporate governance practices, legal and regulatory frameworks, drivers of corporate governance codes, levels of compliance and various corporate governance mechanisms in an emerging market context. The material outlines and discusses potential challenges to corporate governance development in these settings, emphasizing the wide array of formal and informal institutional factors that have both permitted and fostered corporate governance failures and scandals in Pakistan. This book will be of interest to anyone who is concerned with exploring issues relating to corporate governance outcomes in emerging market contexts and the relevance of institutional theory in offering explanations for the observed behaviour.