Author: Mak Yuen Teen

Too many cooks spoil the broth

THE role of the board in ensuring that a company has the appropriate strategies in place to deliver long-term value is often a matter of great confusion. This is not helped by generic advice offered by some “governance experts” and some corporate governance literature advocating that boards should be more “involved” in strategy and making vague references to the board’s role in developing or setting strategies.

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Truth about bribery, corruption risks

I FIRST got to know Richard Bistrong when he contacted me after my commentary in The Business Times on the GlaxoSmithKline (GSK) bribery scandal (“Plausible deniability and graft by MNCs”, BT, May 21, 2014), in which I had quoted from his blog.

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Market reaction to queries: Singapore’s experience is consistent with Hong Kong’s

WE refer to the commentary, “Responses to queries: how market reacts” (BT, Aug 22), by Mak Yuen Teen, Ho Yew Kee and Eugene Kwek. We are heartened that the writers support Singapore Exchange’s proposal to establish the listings advisory and listings disciplinary committees to further strengthen our listings and enforcement regime. We would also like to take the opportunity to respond to the observations made in the commentary.

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