Journal of Business and Policy Research
Vol. 11. No. 2., December 2016, Pages: 123 – 140
Corporate Governance Practices in Logistics & Shipping Industry
This exploratory study aims to investigate (1) the
governance compliance level of the logistics & shipping
industry; and (2) the strengths and weaknesses of the
industry in terms of governance practices in Hong Kong.
During 2003 to 2014, the overall corporate governance
scores of the industry have kept increasing. However, most
of the companies tend to merely comply and meet the
minimum requirements set by the regulators. Only a few of
them are willing to promote good governance voluntarily.
Among the five corporate governance aspects, companies
perform best in ‘Disclosure and Transparency’, and the
weakest area is ‘Role of Stakeholders’.