Asian asset owners seen falling short on governance
Unless Asian institutions insist on better corporate governance, companies they invest in are unlikely to deliver it. That's the upshot of a report showing a surprising lack of engagement by asset owners.
Improvements to corporate behaviour in Asia will only occur very slowly unless asset owners in the region carry out more meaningful engagement with the companies they are invested in.
That is the conclusion of the latest biannual CG Watch corporate governance report issued yesterday (December 5) by CLSA in association with the Asian Corporate Governance Association (ACGA).
Of all the different stakeholder groups, including governments, regulators and auditors, the investor categ…
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