Crossing the governance chasm: from assessment to performance

CORPORATE governance rankings are attention-grabbing. This is rightly so, as directors and top managers often regard them as validation of the governance policies and processes that have been put in place. From a broader perspective, stakeholders, including investors and regulators, see these rankings as signposts or even warning systems for what goes on in the companies.

Sticking points are invariably the value of measurement and the measurement system. Here, two key questions can be asked:

Rating companies in S'pore

The Singapore Governance and Transparency Index (SGTI) is the only scheme that assesses and ranks the corporate governance practices of nearly all listed companies on the Singapore Exchange. The SGTI is a joint initiative of CPA Australia, the NUS…