Institutional change versus resilience: A study of an incorporation of independent directors in Singapore banks

• Main Authors: Tsui-Auch, Lai Si, YOSHIKAWA, Toru
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2015
• Subjects: institutionalism; institutional change; institutional conversion; corporate governance; board of directors; qualitative study; Asian Studies; Finance and Financial Management; Organizational Behavior and Theory; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4346; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5345/viewcontent/InstitutionalChangeVersusResilience_2015_ABM.pdf
• Institution: Singapore Management University

We examine how Anglo-American capital market logic penetrated into Singapore where relational logic tends to guide business activities and illustrate how domestic banks reacted to this imported logic in the corporate governance field. We argue that the banks’ ability to accommodate competing logics...