Corporate governance scores are at a high, but concerns remain

Singapore

SINGAPORE companies have achieved record-high scores in the annual corporate governance scorecard - which gives reason enough to cheer, except that industry watchers say that many practices in reality leave something to be desired.

The individual score and overall ranking of each Singapore-listed company were unveiled at the Singapore Governance & Transparency Forum on Wednesday.

Singtel topped the scorecard for the sixth time, and the average score for ranked companies hit an all-time high.

However, panellists at the event, which included the chief regulatory officer of the Singapore Exchange (SGX) Tan Boon Gin and investm…