17 Dec '11, 1am

SMRT Corp has come out tops in a study of the corporate governance practices of Singapore-listed firms.

SMRT Corp has come out tops in a study of the corporate governance practices of Singapore-listed firms. The study was done by United States-based business consultancy Resources Global Professionals (RGP), which scrutinised the public records of the 30 companies that make up the Straits Times Index. The companies were scored based on several factors, such as their compliance with the Code of Corporate Governance, structure of their boards, what directors are paid in comparison to employees, and how much information the company discloses about itself and its involvement in community projects and events. SMRT ended up tops, followed by Olam International, SingTel, OCBC Bank and SIA Engineering. Singapore Airlines, Noble Group, Neptune Orient Lines, Sembcorp Industries and Fraser & Neave rounded off the top 10. Please enable JavaScript to view the comments powered by Disqus. b...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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