Risk culture still lacking in Singapore companies
But study of more than 210 listed companies also shows risk management disclosures have improved in the last three years
Singapore
RISK management disclosures by Singapore-listed companies have improved in the last three years. But, behavioural aspects - such as a company's risk culture - could do with greater attention in the near future.
These were the key takeaways from a new study published on Tuesday by the Institute of Singapore Chartered Accountants (Isca) and KPMG in Singapore. The study, "Driving Value: Risk Transparency and Culture", is also supported by the Singapore Exchange (SGX).
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