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
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Michelle Quah
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Singapore
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 Tuesday by the Institute of Singapore Chartered Accountants (Isca) and KPMG in Singapore. The study, "Driving Value: Risk Transparency and Culture", is also supported by the Singapore Exchange (SGX).
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