HOCK LOCK SIEW
·
SUBSCRIBERS
Companies’ nonchalance toward SGX queries on pay shows why mandatory disclosure may be necessary
Published Wed, Nov 2, 2022 · 05:50 AM
SINGAPORE Exchange Regulation (SGX RegCo) is seeking feedback on a proposed rule change that would make it mandatory for listed companies to disclose how much they pay their chief executives and directors.
There is likely to be some pushback from companies and boards, but recent developments have reinforced the importance of pushing the change through anyway.
SGX RegCo published its consultation paper last Thursday (Oct 27).
KEYWORDS IN THIS ARTICLE
READ MORE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
Will AI ever live up to its hype?
From Lego to McKinsey, distracted managing can kill companies
South Korea summit comes at key moment in global AI debate
Stock market needs shot in the arm, but not via CPF investments
Making ChatGPT ‘sexy’ might not end well for humans
Biden gets tough with China on trade