Legal transplantation of UK style takeover regulation in Singapore
Publication Type
Book Chapter
Version
publishedVersion
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
Publication
Comparative takeover regulation: Global and Asian perspectives
Editor
Umakanth Varottil & Wan Wai Yee
ISBN
9781107195271
Publisher
Cambridge University Press
City or Country
Cambridge
Citation
WAN, Wai Yee.
Legal transplantation of UK style takeover regulation in Singapore. (2017). Comparative takeover regulation: Global and Asian perspectives.
Available at: https://ink.library.smu.edu.sg/sol_research/2288
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
http://worldcat.org/isbn/9781107195271