Better processes needed in hiring of independent directors
Stricter regulations, mounting shareholder expectations casting a spotlight as corporate action on the rise, but market watchers say pace of change still slow
Singapore
THE introduction of stricter regulations and mounting shareholder expectations have cast a spotlight on independent directors in Singapore.
Professional recruiters polled by The Business Times acknowledged that the demand for their services in this area is rising amid changes in the hiring process of independent directors, but said the pace of change is still slow.
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