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Taking corporate governance to the next level

Published Mon, Aug 15, 2022 · 03:00 PM

NEWS that the Singapore Governance and Transparency Index (SGTI) climbed to a new all-time high this year is welcome, given the challenges faced by regulators over the years in ensuring a smooth transition from a merit-based regulatory framework to one based on disclosure.

According to data released earlier this month (August) by the SGTI’s keepers CPA Australia, NUS Business School’s Centre for Governance and Sustainability, and the Singapore Institute of Directors, the index’s mean score in the general category rose above 70 for the first time to 70.6, up from the previous high of 68.7 last year. This suggests that companies are slowly getting their act together in areas such as shareholder engageme…

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