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COMMENTARY

Progress in corporate governance, but challenges lie ahead

Addressing director tenure and board independence can also solve the problem of poor stakeholder engagement.

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Board independence has merits that are immense and multi- faceted. It is the highest assurance that the company can be well-managed from the shareholders' and more broadly, the stakeholders' viewpoints.

AS THE Singapore Governance and Transparency Index (SGTI) enters its 10th year of assessment, it is heartening to note the remarkable progress made by companies over the years. For this year, the average overall score for the general category of companies hits an all-time high of 56.3 from 33.9...

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