Governance & Diversity

THE BROAD VIEW

New York’s election reflects a global shift in trust

A pivot from institutional hierarchy to emotional proximity could reshape politics in global cities such as New York and Singapore

The messy truth is that most CEOs must operate as diplomats. Much of their week is spent persuading, appeasing and aligning competing forces.
THE BOTTOM LINE

CEOs don’t call the shots

Much of their time is spent appeasing and aligning competing forces

Effective modern governance requires the ability to optimise across multiple time horizons while maintaining social cohesion and economic dynamism.
THE BROAD VIEW

Singapore’s temporal sovereignty: How SG60 reveals the future of statecraft

The city-state has pioneered systematic governance across time dimensions that enables proactive rather than reactive policy approaches

Having leadership teams comprising members spanning different generations likely better prepares companies to handle the myriad of challenges which confront businesses today. 
HOCK LOCK SIEW

Companies should look to include 30- and 80-year-olds in their top executive teams

Consider building more age-diverse corporate leadership teams to better serve stakeholders

Female participation on boards of the top 100 listed companies in Singapore rose to 22.7 per cent as at June 2023, versus 15.2 per cent as at December 2018.
SENSE & CENTS

As an investor, I am fine if companies dial down on diversity initiatives

What matters are profits, financial prudence, shareholder treatment and ethics 

Tracking cognitive diversity can help companies combat groupthink.
THINKING ALOUD

Companies should aim for ‘cognitive diversity’ in their boards

Diversity goes beyond pure demographics and can’t just be a box-ticking exercise

Recent years have seen a number of new Singapore Exchange listing rules, and this will likely continue. Allowing for these to be incorporated into the assessment framework more frequently will be another feature of the SGTI moving forward. 

Navigating sustainable governance – introducing a new dynamic SGTI

The changes reflect both global and local trends, such as expanding the traditional shareholder-centric view to cover more stakeholders

Ground handler and caterer Sats moved up one spot to claim the top position from telco Singtel, which placed first on the index last year.

Sats tops governance and transparency index; Singapore listcos’ scores dip after methodology change

Big-cap companies with market capitalisations of more than S$1 billion outperform mid- and small-cap firms

The hard nine-year-cap on ID tenures in SGX's listing rules has helped advance board diversity agendas.
MARK TO MARKET

Tough stance on board renewal has helped to spur recruitment of more women directors

More prescriptive regulation of take-private deals might similarly be the key to ensuring policies to enliven the market succeed

some of the world’s biggest bond issuers are quietly telling global banks that bad ESG scores may dent their appeal as underwriters.

Bankers doing bond deals caught out by new era of issuer clauses

MESSAGE to bond underwriters: Some big customers are sizing up your ESG credentials.