Publication Type

Journal Article

Version

acceptedVersion

Publication Date

9-2019

Abstract

A strong reciprocal relationship has existed between Singapore Company Law (SCL) and the economy since Independence in 1965. Swift Parliamentary responses to economic events and successful implementation of Government policies has made it possible to clearly attribute cause and effect to statutory amendments and economic events in turn, proving the reciprocal relationship between the two. The first theme of this article seeks to explain the fundamental characteristics of SCL that have resulted in such an unusually strong reciprocal relationship: (1) Autochthonous nature of SCL; (2) Responsive nature of legislation; and (3) Government control at multiple levels of implementation. The second theme examines the interplay between: (1) Domestic political and economic events; and (2) Foreign laws and economic events in influencing legislative responses over time and their impact on SCL. This will be done through an examination of four key areas of SCL over 50 years of Singapore economic history.

Keywords

Company law, corporate law, legal history, regulation, insolvency, corporate governance, Company Law; Legal History

Discipline

Asian Studies | Commercial Law | Law and Economics | Legal History

Research Areas

Corporate, Finance and Securities Law

Publication

Asia Pacific Law Review

Volume

27

Issue

1

First Page

14

Last Page

38

ISSN

1019-2557

Identifier

10.1080/10192557.2019.1654765

Publisher

City University of Hong Kong

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1080/10192557.2019.1654765

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