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Risk culture still lacking in Singapore companies

But study of more than 210 listed companies also shows risk management disclosures have improved in the last three years

Mr Tan said the study is "a timely reminder that effective risk governance is not just structural, but also cultural", and that the board "needs to inculcate and embed a risk governance culture and values".


RISK management disclosures by Singapore-listed companies have improved in the last three years. But, behavioural aspects - such as a company's risk culture - could do with greater attention in the near future.

These were the key takeaways from a new study published on...