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One and two-tier governance systems

It is unlikely that companies or even other non-profit organisations will follow SMF's move to a two-tier structure, says WILLIE CHENG

IN January 2014, the Singapore Manufacturing Federation (SMF) inaugurated a board of governors to sit above a (largely) elected council in order "to enhance the federation's corporate governance and accountability".

More specifically, the role of this board of governors is to "mediate and...

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