Corporate governance

LETTER TO THE EDITOR

Corporate scrutiny must be disciplined and evidence-based

Governance should continue to rest on a framework that combines expert input, fiduciary accountability and transparent disclosure

Regulators like the Singapore Exchange and investor rights groups have recently started urging companies to provide forward guidance, as long as these are made in good faith and are not misleading.
THE BOTTOM LINE

Time for AGMs to be more forward-looking

A forward-looking approach to the annual general meeting helps instil shareholder confidence

Without the threat of a genuine "no" vote, shareholders are eventually left with the illusion of choice between similarly overpaid executives at different firms.
HOCK LOCK SIEW

A formal ‘say on pay’ may be more effective than better disclosure

This would give shareholders the right to vote on executive remuneration, to ensure it aligns with performance

ASX compromised resilience of critical market infrastructure to deliver high shareholder returns., the country's corporate regulator said.

Australia’s regulator says ASX favoured shareholder returns over system resilience

AUSTRALIAN Securities Exchange has an ‘insular and defensive’ culture that prioritised delivering higher shareholder returns over ensuring critical market infrastructure was in place, according to a n...

SGX made it compulsory for companies to disclose the exact remuneration of CEOs and directors in their annual reports for financial years ending on and after Dec 31, 2024
HOCK LOCK SIEW

Are CEOs paid too much? An NUS study offers insights that hopefully changes more than rules

Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares

Singapore banks’ sustainable loan commitments grew at a slower pace in 2025.
ESG INSIGHTS

Issue 188: Singapore banks face slower growth in sustainable finance; Grab’s confusing dual-class shares

This week in ESG: DBS, OCBC, UOB release sustainability reports; Grab raises CEO’s voting rights

The useful accountant of the future will know when not to trust AI, how to test it, and how to explain that decision to others.

AI is a credibility problem for capital markets

Contrary to popular belief, artificial intelligence is not mainly a labour displacement problem for accountancy

Hong Lai Huat will “take steps to prevent a recurrence” of such incidents.

Independent probe finds ‘no impropriety’ as C-suite drama erupts at Hong Lai Huat

A spat with the CEO’s son was ‘at most, a contributing factor’ to Lai Seng Fatt’s resignation as CFO

SGX RegCo hopes to see issuers "respond holistically and provide meaningful, well‑grounded disclosures alongside other value-unlocking initiatives".

No rush by SGX listcos to embrace forward guidance; ‘phased adoption’ likely: observers

They attribute this to factors such as legacy practices and concerns about regulatory risk

Grab’s Class B shares grant its key executives greater voting power – a common practice among US tech companies that allows founders such as Anthony Tan to retain control.

Grab shareholders agree to double voting power of Class B ‘super-voting’ shares

The company will also repurchase up to US$400 million of its shares over the next four months