Diversity of Shareholder Stewardship in Asia: Faux Convergence contrasts the function of the United Kingdom’s corporate Stewardship Code, enacted in 2010 to motivate institutional investors that collectively owned a majority of most UK companies to monitor corporate management, and stewardship codes adopted by Asian nations where families, governments, or groups of affiliated corporations control most listed companies, finding that the functions of Asian stewardship codes significantly depart from the intended functions of the UK Code.