Waving the corporate governance flag

THE Securities Investors Association (Singapore), or SIAS, is holding the fourth Singapore Corporate Governance (CG) Week 2013 from Nov 8 to 15. Organised by SIAS, CG Week has received endorsement and support from the Accounting and Corporate Regulatory Authority (Acra) and the Singapore Accountancy Commission as supporting organisations and the Singapore Exchange (SGX) as the support exchange.

A key feature of the week-long programme is the statement of support by corporates to uphold and advance good corporate governance standards. The statement of support 2013 reads: "As a company, we are committed to upholding high standards of corporate governance to enhance shareholder value. We believe practising good corporate governance is central to the health and stability of our financial markets and economy."

To date, 75 companies have joined the statement of support initiative for excellence in corporate governance.