Towards shareholder stewardship
The official launch of the Singapore Stewardship Principles (SSP) for Responsible Investors last Wednesday is excellent news.
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
WHO should be responsible for the corporate governance of a company?
Invariably, the answers that are given to this question include: the board of the company; its management; and maybe even the regulators. Rarely are shareholders mentioned.
This is largely because, while they enjoy voting and economic rights as part-owners, they owe no legal duty to act in the best interest of the company. In fact, they can (and often do) act mainly in their own personal interest, sometimes at the expense of the interest of other stakeholders. But that position is changing.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
