Corporate governance and valuation of government linked companies in Singapore.

We investigate corporate governance under an alternative ownership/control structure, the government linked companies (GLCs) in Singapore. We show that GLCs have better corporate governance than a control group of non-government owned companies. Finally, we find evidence that investors in the Sing...

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Bibliographic Details
Main Authors: Ong, Chin Guan., Koh, Raymond.
Other Authors: Ding, David Kuan Yong
Format: Final Year Project (FYP)
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/8428
Description
Summary:We investigate corporate governance under an alternative ownership/control structure, the government linked companies (GLCs) in Singapore. We show that GLCs have better corporate governance than a control group of non-government owned companies. Finally, we find evidence that investors in the Singapore stock market value good governance.