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Remuneration disclosures: Is 'comply-or-explain' enough?

Transparency on executive pay should not be taken lightly in S'pore in view of stricter practices elsewhere.

The Board of Directors Survey 2017 by SID and SGX found that less than half of the respondent companies complied with Guideline 9.2. Of note, 95 per cent of those that did not comply indicated that they have no intention of doing so within the next two years. PHOTO:

DIRECTOR and executive pay is usually the subject of intense scrutiny by regulators, investors and the general public.

It is thus not surprising that remuneration is one of the focus areas of the recent review of the Code of Corporate Governance. What is surprising though, is that despite...

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