The first quantitative governance framework with a single comparable scale across Asian capital markets. Eight markets live, two more in development. Built entirely from publicly verifiable regulatory filings.
Across Asia’s capital markets — from Seoul to Manila — corporate governance failures follow a consistent pattern. Information is disclosed, but not in a form that enables shareholders to act. Institutions exist on paper, but power remains concentrated. Conflicts of interest are individually legal, collectively erosive.
Existing governance frameworks were built for a different set of markets — typically US, UK, and continental Europe, where ownership is dispersed and disclosure norms are assumed. Asia’s ownership structures require measurement designed for them: controlling-shareholder pledges, promoter family concentrations, cross-shareholding networks, and related-party intensity.
Each market has its own governance pathology. The framework does not predict the same thing everywhere — it predicts what matters locally, within a single 100-point scale.
Governance risk is not abstract. It shows up in returns, in volatility, in capital permanently destroyed. The question is not whether the signal exists — it is whether your portfolio is screened for it.
Cross-market validation extends the pattern: in Hong Kong, Kill Switch firms exhibit the same volatility spread within 4 percentage points of India — independent evidence that the mechanism is structural, not market-specific.
The G-Score decomposes governance into three independent axes — each measuring a distinct risk driver, each predicting a different type of failure. The structure is universal. The variables are local. R-axis carries the largest weight, reflecting the empirical dominance of conflict-of-interest signals across Asian markets.
The G-Score is not a trading signal. It is a pre-analysis filter and early warning system — designed to help allocators decide where to direct analytical resources, and where not to.
Each market is scored on the same 100-point TBR scale. The only quantitative system enabling direct cross-market governance comparison across Asian capital markets.
A proprietary high-risk watchlist — including Kill Switch firms and forward-watch candidates across all eight markets — is available to qualified institutional investors under NDA.