Wanted: Corporate boards that are independent and not risk-averse

INNOVATION is now widely seen as being critical to business success, with companies in Singapore urged to be nimble and enterprising in exploring new opportunities, markets, and capabilities, given the disruptive forces present in industry today.

And, for listed companies particularly, the board of directors play a pivotal role in their long-term success, as the Singapore Code of Corporate Governance notes. The Code, the latest ver…