Corporate governance in Pakistan has significantly improved over the past few years although much remains to be done. In 2002, the Securities and Exchange Commission of Pakistan promulgated Pakistan's first Code of Corporate Governance. This Code, along with the Companies Ordinance of 1984,...

This short technical report provides an empirical analysis of the level of institutional block ownership overall, and of foreign block ownership, at a broad set of publicly traded corporations. Disclosed institutional blockholders of every company in the Standard & Poor's 500 index are analyzed,...

German corporate governance and corporate law are currently undergoing a major change. The old “Deutschland AG”, a nationwide network of firms, banks, and directors, is eroding, ownership is diffusing and the shareholder body is becoming more international than ever. This paper presents new...

Most large UK private-sector organizations are listed companies that are subject to intense pressures to enhance shareholder value. The question arises of whether this constrains the ability of UK managers to pursue genuine partnership arrangements with long-term stakeholders, including...