By Mak Yuen Teen
To mark the 10th edition of the case studies series last year, I selected four companies/organisations which have been lauded for their governance and transparency, relative to peers in their country, size, ownership or nature of their business. One of those I picked was the Norwegian Oil Fund, often regarded as having the best governance and transparency among sovereign wealth funds. It is not perfect, as the case illustrates, but it has acted swiftly to address controversies it has faced and been transparent about it.
As we are seeing some controversial investments by sovereign wealth funds, which raises questions of what they should or should not invest in, and how they respond to controversies surrounding investments, I thought it would be useful to share this specific case study.’
As with other case studies, it was written to facilitate discussion.
