Josephat Lotto

Ownership and Corporate Governance: a Review of Institutional Framework from UK Perspective Josephat Lotto

This manuscript summarises the UK Institutional Framework. In particular, the document traces back the evolution of Corporate Governance in the UK. It further describes the transformation of corporate ownership structure in the UK since 1963 to 2008. All the way throughout 20th century there was a dramatic change in ownership trends in the UK equity market. Individual shareholdings continued to decrease while institutional ownership kept on climbing mountains as reported by the ownership survey for 2008 by the UK Office for National Statistics.