Corporate Governance Practices in Logistics & Shipping Industry

This exploratory study aims to investigate:(1) the governance compliance level of the logistics & shipping industry; and (2) the strengths and weaknesses of the industry in terms of governance practices in Hong Kong. During 2003 to 2014, the overall corporate governance scores of the industry have kept increasing. However, most of the companies tend to merely comply and meet the minimum requirements set by the regulators. Only a few of them are willing to promote good governance voluntarily. Among the five corporate governance aspects, companies perform best in ‘Disclosure and Transparency', and the weakest area is ‘Role of Stakeholders'