What is Asian Corporate Governance Association (ACGA)? Discuss the scope of work of ACGA.

The Asian Corporate Governance Association is an independent, non-profit membership organisation dedicated to working with investors, companies and regulators in the implementation of effective corporate governance practices throughout Asia. ACGA was founded in 1999 from a belief that corporate governance is fundamental to the long-term development of Asian economies and capital markets. ACGA's scope of work covers three areas: Research: Tracking corporate governance developments across 11 markets in Asia and producing independent analysis of new laws and regulations, investor activism and corporate practices. Advocacy: Engaging in a constructive dialogue with financial regulators, stock exchanges and institutional investors and companies on practical issues affecting the regulatory environment and the implementation of better corporate governance practices in Asia. Education: Organizing conferences and seminars that foster a deeper understanding of the competitive benefits of sound corporate and ways to implement it effectively. ACGA is funded by a network of sponsors and corporate members, including leading pension and investment funds, other financial institutions, listed companies, multinational corporations, professional firms and educational institutions. It is incorporated under the laws of Hong Kong and is managed by a secretariat based there. Its governing Council comprises directors from around Asia.