Explain the different models of Corporate Governance? Explain Asian Family based model with the help of a suitable example.

Corporate governance refers to the structures, processes, and practices used to direct and manage a company, ensuring accountability, fairness, and transparency in a company's relationship with its stakeholders. In the banking and financial sector, corporate governance is critical due to the sector’s systemic importance and the need to safeguard public trust and financial stability. Several models of corporate governance have evolved globally, shaped by legal systems, ownership structures, and cultural influences. These models primarily include the Anglo-American model, the Continental European model, the Japanese model, and the Asian family-based model.

The Anglo-American model, also known as the shareholder model, is prevalent in countries like the United States and __________ ____ ____ _____ _____.
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