Over the past two decades, corporate governance reforms have emerged as a central focus
of corporate law in countries across the development spectrum. Various legal scholars …

'Including all of the Faculty of Law and Center for Law and Business, National University of
Singapore. Earlier drafts of this article were presented at the 3rd NUS-Sydney Law …

The main finding of this article is that sustainability and the broader concept of social
responsibility imply a change in the spirit of governance, which promotes the so-called'de …

A publicly-held corporation maintains a system of governance through separation of
ownership and control of the firm. Under this framework, corporations attract capital and …

Since the UK adopted the world's first stewardship code in 2010, stewardship codes have
proliferated across Asia. Given the UK Code's prominence, it is tempting to assume that …

At first blush, the rise of independent directors in Singapore provides a straightforward
example of a successful legal transplant from the West to Asia. In 2001, Singapore …

The derivative action in Asia presents a tantalizing topic for comparative corporate law
scholarship.'To start, the derivative action, which has its historic roots in the United States …

There is no question that the United States relies heavily on foreign direct investment (" FDI")
for its economic health. 1 FDI has played an important role in much of the history of the …

1 In 2018,[1] Colin Mayer, a stalwart of the British Academy, published Prosperity.[2] The
Book is the new “bible” of corporate governance that “is destined to change the world”, says …

For over two decades, Japan has ostensibly had all of the essential elements that leading
academics and sophisticated investors have assumed to be sufficient for a country to …