Publication Type

Book Chapter

Publication Date

9-2017

Abstract

In 1974, Singapore adopted the UK City Code of Takeovers and Mergers (City Code), even though it did not have the equivalent of the business community to the City of London. The concentrated ownership structure of Singapore listed firms differs significantly from the Berle and Means ownership model found in the UK firms, even today. This chapter gives an account of the evolution of takeover regulation and explains the reasons for the transplantation, and with certain limited exceptions, maintenance of, UK model of takeover regulation, from the perspectives of the supply side of rule production, that is, the blockholders and regulators.

Keywords

Takeovers, Legal Transplantation, Singapore

Discipline

Asian Studies | Commercial Law

Research Areas

Commercial Law

Publication

Comparative takeover regulation: Global and Asian perspectives

Editor

Umakanth Varottil & Wan Wai Yee

ISBN

9781107195271

Publisher

Cambridge University Press

City or Country

Cambridge

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Additional URL

http://worldcat.org/isbn/9781107195271

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