Publication Type
Journal Article
Version
publishedVersion
Publication Date
1-2015
Abstract
This article argues that the Singapore GLC Model is so closely intertwined with Singapore’s idiosyncratic history and unique regulatory culture that, although the model has been extremely successful within Singapore, transplanting it to China could be difficult. The article also explores the extent to which the success of the Singapore GLC Model and China’s ambition to emulate it challenge notions that corporate governance systems are converging towards a market-oriented (American) model of the shareholder centric corporation and the extent to which the success of the Singapore GLC Model challenges the basic conception that private enterprise rather than the state is necessarily more efficient at allocating capital to its most productive use.
Discipline
Asian Studies | Comparative and Foreign Law
Research Areas
Asian and Comparative Legal Systems
Publication
Columbia Journal of Asian Law
Volume
28
Issue
2
ISSN
1094-8449
Identifier
10.7916/cjal.v28i2.3347
Publisher
Columbia University
Citation
TAN, Cheng-Han; PUCHNIAK, Dan W.; and VAROTTIL, Umakanth.
State-owned enterprises in Singapore: Historical insights into a potential model for reform. (2015). Columbia Journal of Asian Law. 28, (2),.
Available at: https://ink.library.smu.edu.sg/sol_research/4001
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.7916/cjal.v28i2.3347