25 Oct '11, 9pm

Home Business Going global? S'pore companies have the edge: For example, Prof Gupta - who is also the Michael Di...

From time to time it has been viewed as a political liability. But to INSEAD visiting professor of strategy Anil K Gupta, the state-controlled nature of some Singapore Government-linked companies (GLCs) might actually be advantageous to their going global. This is because a company with concentrated shareholdings, whether vested with the state or in a family, could enable a company to move faster, compared to one with broad shareholder control, he said. For example, Prof Gupta - who is also the Michael Dingman chair in strategy and entrepreneurship at the University of Maryland's Smith School of Business - said, Singapore's SingTel is likely to be "smarter and faster" at globalisation than its American counterparts AT&T and Verizon. Temasek Holdings, an investment company owned by the Singapore Government, is the largest shareholder in SingTel with a 54.6 per cent ownershi...

Full article: http://www.todayonline.com/Business/EDC111026-0000154/Goi...

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