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Issue 137: CDL’s governance red flag; S-E Asia bullish on sustainable finance

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Kenneth Lim

Kenneth Lim

Published Fri, Feb 28, 2025 · 07:00 PM
    • Resolution of the father-son dispute at City Developments could boil down to who the controlling family supports.
    • Resolution of the father-son dispute at City Developments could boil down to who the controlling family supports. ILLUSTRATION: KENNETH LIM

    This week in ESG: Governance implications of family fight at City Developments; sustainable debt outlook for 2025

    Corporate governance

    Risks and opportunities in CDL’s family feud

    Common wisdom holds that independent directors in family-controlled listed companies are an essential safeguard against family members on the board and management colluding at the expense of minority shareholders.

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    ESG InsightsCorporate governanceCity Developments Ltd (CDL)sustainable investingsustainable financeESG

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