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Local firms need to do better on corporate governance disclosures

Singapore ranks behind Thailand and Malaysia in 2019 edition of the Asean Corporate Governance Scorecard

Published Wed, May 12, 2021 · 05:50 AM

Singapore

SINGAPORE-LISTED companies need to be more disciplined and be willing to disclose more if they want to achieve better corporate governance results, particularly as corporate governance becomes a more important measure for comparing companies across markets,  a National University of SIngapore (NUS) don has said. 

Speaking at an Asean Corporate Governance Scorecard (ACGS) briefing on Tuesday, Associate Professor Lawrence Loh, who is director for the Centre for Governance and Sustainability (CGS) at the NUS  Business School, said that companies should "disclose (even) the most obvious".

"Don't be shy. When in doubt, just disclose. Don't take things for granted," he added.

The event was jointly organised and presented by the Singapore Institute of Directors (SI…

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