A study on the corporate governance of Singapore firms: the difference between Goverment-Linked Companies (GLCs) and Non-GLCs
The objective of this research is to examine if there is a difference between GLCs and non-GLCs in Singapore, in terms of corporate governance. An index made up of 35 corporate governance factors will be used to compile a corporate governance score (CGS) for each sample firm and the CGS will be used as a gauge of the firm's strength in corporate governance. In addition, I will also look at how the government corporatist model, which involves the appointment of senior government officials to senior management and board positions of GLCs, practiced by the Singapore government affect firms' corporate governance. This study contributes to the knowledge of corporate governance in Singapore by constructing a 35-factor corporate governance index and using it to identify some of the corporate governance factors that influence the corporate performance of Singapore firms. Furthermore, this study will also attempt to determine if GLCs do have weaker corporate governance than non-GLCs and if there is any relationship between appointment practices and corporate governance. Finally, this paper will also examine the relationship between firms' CGS and their performance and determine if the hypothesis that better governed firms perform better than poorly governed firms holds true in the Singapore context.... [Show full abstract]
Keywordscorporate governance; corporate governance score (CGS); government-linked companies; non government-linked companies; performance; Singapore
Access RightsDigital thesis can be viewed by current staff and students of Lincoln University only. If you are the author of this item, please contact us if you wish to discuss making the full text publicly available.
Showing items related by title, author, creator and subject.
Roudaki, Jamal; Shahwan, Y. (Virtus Interpress, 2017-03-10)Livestock, agriculture, and horticulture products are essential in the New Zealand economic sustainable development. Consequently performance and governance of active companies in these areas of business are constantly ...
Perriam Fran, (Lincoln University. Faculty of Commerce. Kellogg Rural Leaders Programme., 2002)Perhaps the most controversial aspect of the Local Government Bill before parliament relates to the increase in power given to local government to be involved in a wide range The functions of local government have changed ...
Localising environment : Mustang's struggle to sustain village autonomy in environmental governance Thakali, Shailendra (Lincoln UniversityChristchurch, 2012)Decentralisation of environmental governance is a general trend worldwide and its emergence has largely coincided with a neo-liberal shift in policies for the management of environmental resources. Decentralisation is based ...