Asian Eclipse: Exposing the Dark Side of Business in Asia

By Michael Backman
Published by John Wiley & Sons
Hardback: 1999, 412 pages
Paperback, revised edition: 2001, 329 pages

“One of the Finest General Non-Fiction Books of the Year”
                                                                The Economist

Asian Eclipse is a ground-breaking and controversial account of persistent corporate governance problems,
corruption and cronyism around Asia. It appeared in the top three of non-fiction bestsellers lists around Asia soon
after it was published. It remains the most comprehensive account of the challenges Asia, its governments and
businesses face in the struggle to achieve modern, sophisticated economies.

CONTENTS
(this contents list relates to the paperback, revised edition.)

Introduction

Section 1        The Framework
Chapter 1        Bureaucrats, Bribery and Bankruptcy
Chapter 2        Auditing in Asia
Chapter 3        Asia’s Corrupted Business Media

Section 2        Families, Firms and Fortunes
Chapter 4        Merchants of Menace? Conglomerates Asian-Style
Chapter 5        Asia’s Conglomerates and their Banks
Chapter 6        Lambs to the Slaughter: Investing in Asia’s Stock markets
Chapter 7        Polygamy and Family Struggles
Chapter 8        Asia’s E-Boom and E-Bust

Section 3         Asia’s Two Giants
Chapter 9         What’s Wrong with Japan?
Chapter 10       China: Rising Star or Black Hole?

Section 4         The Minority that Counts
Chapter 11        Asia’s Overseas Chinese

Section 5         Kings, Crones and Presidents
Chapter 12        Royal Business
Chapter 13        President of the Country; Chairman of the Board
Chapter 14        Other Politicians; Other Businesses

Section 6         Asian Eclipse?
Chapter 15       Asian Eclipse and Beyond