Singapore Firms Commit to Good Governance

In response to increasing demands from investors for greater transparency, 81 Singaporean firms have committed to uphold good corporate governance, reports the Straits Times.

 

Those who made the commitment include Singapore Airlines, CapitaLand and Fraser & Neave, and professional practices like Rajah & Tann, Wong Partnership, Ernst & Young and PricewaterhouseCoopers, says the Times.

 

On the opening day of the inaugural Singapore Corporate Governance Week 2010, David Gerald, president and chief executive of the Securities Investors Association of Singapore (Sias), said the move made by the companies "will go a long way to improving our capital market and attracting investment flows into Singapore." 

 

 

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