@article{Crawford:244614,
      recid = {244614},
      author = {Crawford, Monifa},
      title = {Corporate Governance in Jamaica, with a Focus on  GraceKennedy Limited},
      journal = {Estey Journal of International Law and Trade Policy},
      address = {2015},
      number = {1753-2016-141244},
      pages = {21},
      year = {2015},
      abstract = {The problems of corruption, fraud, and greed amongst  corporate entities and persons
with fiduciary  responsibilities have intensified the expectation of the  general public for
corporations to demonstrate greater  levels of accountability, transparency, and integrity
in  the way they do business. The speedy pace of globalization  makes it essential to
reform corporate governance in the  Caribbean. In Jamaica, businesses must persuade
investors  and creditors that they can confidently invest in the  island. This means
displaying clearer relationships between  participation and control, transparency,
consistent and  detailed financial statements, as well as maintaining good  relations with
financial markets. Although Jamaica has not  always been a leader in transparency and
corporate  governance, GraceKennedy Limited has managed to be a leader  in corporate
governance and has gained public confidence  over the years. GraceKennedy Limited is
a Jamaica-based  group that provides a large array of services, ranging from  food
manufacturing and distribution to financial and cambio  (foreign exchange/currency)
services. The first part of  this article explores the current environment of  corporate
governance in Jamaica, while the second half  examines the corporate governance of
GraceKennedy Limited  and how the company has implemented its  corporate
governance framework in Jamaica.},
      url = {http://ageconsearch.umn.edu/record/244614},
      doi = {https://doi.org/10.22004/ag.econ.244614},
}