Corporate Governance is the system of structural, procedural and cultural safeguards designed to ensure that a company is run in the long-term interests of its shareholders, as well as, other stakeholders. The Asian financial crisis of 1997-99, and the more recent corporate scandals have illustrated the importance of effective Corporate Governance systems and the linkage to business ethics throughout the world.  This study was undertaken to know whether the Asian countries follow Corporate Governance practices.

The objectives of the paper is to review the scenario of corporate governance practices in Asia; to analyze the corporate governance scores of different Asian countries on different parameters and to compare the corporate governance scores of different Asian countries with the overall Asia’s score.