SINGAPORE - Companies listed in Singapore continued to improve their corporate governance standards this year, with smaller firms making the most progress.
But new areas of concern have also emerged as a result of work-from-home arrangements during the Covid-19 pandemic.
The Singapore Corporate and Transparency Index (SGTI) was higher this year compared with in 2020, with the overall score for companies in the general category reaching 68.7 points, up 0.8 points from 67.9 points last year.
In the real estate investment trust (Reit) and business trust category, the score rose to 85.0 points from 84.8 last year.
The companies are evaluated based on board responsibilities, shareholders rights, stakeholder engagement, accountability and audit, as well as disclosure and transparency.
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