Governance of dual-class firms should remain at a high level
THE legislative doors have opened for dual-class shares to be listed in Singapore eventually. Regulators who are now hammering out the fine print will have to look beyond the common share and take a creative and comprehensive approach.
Whatever roads they take must lead to the fundamental principle of governance: that interests of the leadership must remain aligned with the long-term development of the company.
Parliament a week ago approved changes to the Companies Act that will allo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
China’s better economic growth hides reasons to worry
In AI-copyright battle, an existential crisis emerges
Europe shows diversifying from China’s economy is hard to do