Author: Mak Yuen Teen

It is long overdue for SGX to not let issuers and sponsors make up the rules as they go along

Singapore has a less hierarchical culture than Japan but our companies and organisations are just as vulnerable to some of the problems we have seen in Japanese companies in recent years.

Those who are on the board after this rather acrimonious boardroom tussle should be prepared to step down if they are not the right fit.

Boardroom tussles rarely produce effective boards

There is no room for complacency as Singapore fares poorly in “Listed companies” and “Investors” categories and effective enforcement is still lacking.