| dc.contributor.author | KATELOUZOU, Dionysia | |
| dc.contributor.author | SIEMS, Mathias | |
| dc.date.accessioned | 2023-03-14T10:44:28Z | |
| dc.date.available | 2023-03-14T10:44:28Z | |
| dc.date.issued | 2022 | |
| dc.identifier.citation | Dionysia KATELOUZOU and Dan W. PUCHNIAK (eds), Global shareholder stewardship, Cambridge : Cambridge University Press, 2022, pp. 631-662 | en |
| dc.identifier.isbn | 9781108914819 | |
| dc.identifier.isbn | 9781108843102 | |
| dc.identifier.isbn | 9781108823876 | |
| dc.identifier.uri | https://hdl.handle.net/1814/75422 | |
| dc.description | Published online: 28 April 2022 | en |
| dc.description.abstract | In today’s world, the transfer of laws and regulations between different legal systems is commonplace. The global spread of stewardship codes in recent years presents a promising, but yet untested, terrain to explore the diffusion of such norms. This paper aims to fill this gap. Employing the method of content analysis and using information from 41 stewardship codes enacted between 1991 and 2019, we systematically examine the formal diffusion of these stewardship codes. While we find support for the diffusion story of the UK as a stewardship norm exporter, especially in former British colonies in Asia, we also find evidence of diffusion from transnational initiatives, such as the EFAMA and ICGN codes, as well as regional clusters. We also show that the UK Stewardship Code of 2020 now deviates from these current models; thus, it remains to be seen how far a second round of exportation of the revised UK model into the transnational arena will follow. | en |
| dc.description.tableofcontents | Part I - Foundations --
1 -- Global shareholder stewardship : complexities, challenges, and possibilities --
2 -- The UK stewardship code 2010-2020 : from saving the company to saving the planet? --
3 -- The market for stewardship and the role of the government --
Part II - Jurisdictions --
4 -- Shareholder stewardship in the Netherlands : the role of institutional investors in a stakeholder oriented jurisdiction --
5 -- Capitalist stakeholders : shareholder stewardship in Switzerland --
6 -- Institutional investor stewardship in Italian corporate governance --
7 -- The Danish stewardship code - the past, the present and the future --
8 -- Stewardship Norwegian-style : fragmented and state-dominated (but not without potential?) --
9 -- Stewardship and shareholder engagement in Germany --
10 -- Japanese stewardship code : its resemblance and non-resemblance to the UK code --
11 -- Korea's stewardship code and the rise of shareholder activism : agency problems and government stewardship revealed --
12 -- The assessment of Taiwan's shareholder stewardship codes : from international stewardship principle to alternative good stewardship --
13 -- Stewardship in the Hong Kong international financial centre : adding 'responsible owners' to an entrepreneurial market --
14 -- Singapore's embrace of shareholder stewardship : a puzzling success --
15 -- Institutional investor stewardship in Malaysia : code, context & challenges --
16 -- Thai institutional investors stewardship code and its implementation --
17 -- Shareholder stewardship in India : the desiderata --
18 -- Institutional investors in China : an autochthonous mechanism unrelated to UK-cum-global stewardship --
19 -- Stewardship and collective action : the Australian experience --
20 -- Stewardship principles in Canada--
21 -- The uncertain stewardship potential of index funds --
22 -- Stewardship code in Kenya : is the nigh here --
23 -- Encouraging sustainable investment in south Africa : crisa and beyond --
24 -- The Brazilian stewardship framework --
Part III - Comparisons --
25 -- Investment management, stewardship and corporate governance roles --
26 -- Sustainable finance and stewardship : unlocking stewardship's sustainability potential --
27 -- Shareholder stewardship enforcement --
28 -- Can a global legal misfit be fixed? Shareholder stewardship in a controlling shareholder and Esg world --
29 -- Shareholder stewardship in Asia : functional diversity within superficial formal convergence --
30 -- The global diffusion of stewardship codes | en |
| dc.language.iso | en | en |
| dc.publisher | Cambridge University Press | en |
| dc.title | The global diffusion of stewardship codes | en |
| dc.type | Contribution to book | en |
| dc.identifier.doi | 10.1017/9781108914819.031 | |
