This report addresses the corporate governance framework and company practices that determine the nomination and election of board members. It covers some 26 jurisdictions including in-depth reviews of four jurisdictions: Indonesia, Korea, the Netherlands and the United States.

A considerable number of studies have examined the relationship between corporate governance (CG) structures and corporate performance (e.g., Yermack, 1996; Gompers et al., 2003; Beiner et al., 2006; Renders et al., 2010; Ntim et al., 2012; Kumar & Zattoni 2013; Griffin, et al., 2014). In contrast, despite its...

Public pension funds, as some of the world's largest institutional investors, can command substantial ownership and influence over corporate governance and strategy. This influence can extend to shareholder activism, and can be at odds with other corporate owners. This study analyzes the role of...