Corporate governance study: Singapore firms can do better

Diversity practices, widening gap in standards between large firms and the rest are areas of concern

The Singapore report showed that while firms did mildly better in the areas of shareholder rights, the equitable treatment of shareholders and the role of stakeholders, they fared worse when it came to disclosure and transparency, and board responsib
The Singapore report showed that while firms did mildly better in the areas of shareholder rights, the equitable treatment of shareholders and the role of stakeholders, they fared worse when it came to disclosure and transparency, and board responsibilities. Also, six in 10 companies did not have any women directors, while three in 10 have just one. ST FILE PHOTO
New: Gift this subscriber-only story to your friends and family

Singapore firms still have some way to go when it comes to good corporate governance practices, especially in the area of diversity.

A scorecard out yesterday showed that the development of corporate governance practices here has essentially flatlined while the gap in standards between the large firms and the rest keeps widening.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on April 04, 2018, with the headline Corporate governance study: Singapore firms can do better. Subscribe