Singapore’s puzzling embrace of shareholder stewardship: A successful secret

• Main Authors: PUCHNIAK, Dan W., TANG, Samantha S.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: shareholder stewardship; Singapore corporate governance; comparative corporate law; state owed enterprises; family firms; Asian Studies; Banking and Finance Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3987; https://ink.library.smu.edu.sg/context/sol_research/article/5945/viewcontent/SSRN_id3474151.pdf
• Institution: Singapore Management University

In the wake of the 2008 Global Financial Crisis, the UK created the first stewardship code which was designed to transform its rationally passive institutional investors into actively engaged shareholders. In the UK corporate governance context, this idea made sense. Institutional investors collecti...