Browse by author
Lookup NU author(s): Jo Gray
Full text for this publication is not currently held within this repository. Alternative links are provided below where available.
In the UK today the pursuit of one policy objective – to increase the level of private savings and financial provision by devising simpler, cheaper and often tax privileged retail financial products – obscures and makes it yet more difficult to achieve another stated current policy objective – a more active role in corporate governance by institutional investors. This article sets out the evidence for this claim by examining the structures, regulation and design of some common forms of retail financial product and shows how these together constitute the terms upon which investment capital is both formed and then entrusted to institutional investors. It argues that those terms inevitably affect the level of corporate governance activity that such capital can give rise to.
Author(s): Gray J
Publication type: Article
Publication status: Published
Journal: Journal of Corporate Law Studies
Year: 2004
Volume: 4
Issue: 1
Pages: 187-220
ISSN (print): 1473-5970
Publisher: Hart Publishing Ltd.
URL: http://www.heinonline.org/HOL/PDF?handle=hein.journals/corplstd4&id=189&print=section§ion=10&ext=.pdf
Notes: This article has been chosen since it represents the culmination of two years worth of work and thinking that grew out of a rather unique research led Masters course at Dundee University on the Corporate Governance LLM there (“Institutional Investors : Legal Forms and Regulation”). JCLS was chsoen for submission as an appropriate outlet for this research new, refereed general academic Corporate Law Journal that has already attracted contributions from leading scholars around the world in company and financial law.
