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Focus on compliance hurting performance

Corporate governance report also finds Singapore boards having the fewest meetings, lagging in raising gender mix

Singapore

TOO heavy a focus on compliance at the expense of corporate strategy may be hobbling the performance of boards in Singapore and the region, a new study has found. This is especially true given the increasingly stringent new legal compliance rules and stock exchange guidelines now in place, said Heidrick & Struggles' Asia-Pacific Corporate Governance Report 2014.

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