Sunday, May 15, 2005

Investors in Singapore focusing on corporate governance - survey

Corporate governance issues are becoming key considerations for investors in deciding which Singapore companies to put their money in following recent business scandals, according to a survey.

Institutional investors still put a premium on a company's financial results and strong cash reserves for their decisions, but the survey found investors are increasingly focusing on higher corporate governance standards.

'There is an increasing emphasis on greater standards of corporate governance, as well as investor communication practices in the light of recent corporate scandals,' said Yeo Oon Jin, a partner and head of assurance at auditing firm PricewaterhouseCoopers.

See full Article.