The UK Stewardship Code 2010 as a Response to the Financial Crisis

Daniel Cash () and Robert Goddard ()
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Daniel Cash: Aston University
Robert Goddard: Aston University

Chapter Chapter 2 in Investor Stewardship and the UK Stewardship Code, 2021, pp 5-17 from Springer

Abstract: Abstract The aim for this chapter is to position the post-Crisis response as the start of the formalised stewardship process in the UK. The reaction to the impact that institutional investors had upon the financial sector in the UK fundamentally affected how the first Stewardship Codes, anywhere in the world, were developed. That progression is marked in this chapter, critically. Of interest is the forces that impacted that development, and how they translated into a Stewardship Code that was, ultimately wide of the mark.

Keywords: Financial Crisis; Walker Review; Codes; Soft-Law; Regulatory Implementation; Amendments (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-87152-9_2

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DOI: 10.1007/978-3-030-87152-9_2

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