New economy impacting traditional practices in corporate governance

Singapore

TECHNOLOGY giants today are challenging some traditional practices in corporate governance, with the digitalisation of the economy creating a less transparent environment that is impacting stock exchanges, making them less competitive than before.

In an e-mail interview with The Business Times, Hector Lehuede, senior policy analyst, Corporate Affairs Division, OECD, said the disruption from technology has brought new challenges to an already evolving landscape on corporate governance, and it's not just at the company level.