Disclosures on risk management 'strong'
But Singapore Governance and Transparency Index finds that companies still have a way to go in engaging stakeholders.
THE past two years have seen significant growth in the scope and coverage of the Singapore Governance and Transparency Index (SGTI).
Last year, the index was enhanced from the Governance and Transparency Index (GTI); this year, for the first time, real estate investment trusts (Reits) and business trusts are included in the index, so they can be assessed alongside companies with the same rigour.
In addition, the assessment timing is opportune, following the recent formation this year of the Corporate Governance Council by the Monetary Authority of Singapore to review the Code of Corporate Governance, which was last revised in 2012.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results