{"id":17251,"date":"2025-11-04T10:04:45","date_gmt":"2025-11-04T02:04:45","guid":{"rendered":"https:\/\/bschool.nus.edu.sg\/cgs\/?p=17251"},"modified":"2025-11-04T10:42:40","modified_gmt":"2025-11-04T02:42:40","slug":"asean-companies-urged-to-shout-louder-about-their-corporate-governance-practices","status":"publish","type":"post","link":"https:\/\/bschool.nus.edu.sg\/cgs\/asean-companies-urged-to-shout-louder-about-their-corporate-governance-practices\/","title":{"rendered":"ASEAN Companies Urged to &#8220;Shout Louder&#8221; about Their Corporate Governance Practices"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>The ASEAN Corporate Governance Scorecard briefing was jointly organised by the Singapore Institute of Directors (SID) and the NUS Centre for Governance and Sustainability (CGS). From left: Mr Edwin Lee, Deputy CEO, SID; Mr John Lim, past SID Chairman; Guest-of-Honour Mr Lim Tuang Lee, Assistant Managing Director (Capital Markets) at the Monetary Authority of Singapore, Prof Lawrence Loh, Director, CGS; and Mr Terence Quek, CEO, SID.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the ASEAN Corporate Governance Scorecard (ACGS) briefing on 3 November 2025, Guest-of-Honour Mr Lim Tuang Lee, <a>Assistant Managing Director (Capital Markets) at the Monetary Authority of Singapore (MAS)<\/a>, likened good governance to building organisational fitness. The goal is also a continuous journey of progression rather than one of perfection. Drawing a parallel from his own experience as a parent navigating the Primary School Leaving Examination (PSLE), he urged companies to \u201cwork smarter and work harder\u201d by using keywords and covering more ground in their disclosures.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-1024x684.jpg\" alt=\"\" class=\"wp-image-17253\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104447.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Guest-of-Honour Mr Lim Tuang Lee, Assistant Managing Director (Capital Markets), MAS, giving the opening remarks.<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The event was co-organised by the Singapore Institute of Directors and the Centre for Governance and Sustainability (CGS) at the National University of Singapore Business School. Appointed by MAS as the domestic ranking body for Singapore, SID and CGS have been assessing Singapore-listed companies as part of ACGS since 2013.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In his presentation, Mr John Lim, nominated Singapore corporate governance expert for ACGS and past SID Chairman, shared that over the past 12 years, ASEAN companies\u2019 corporate governance performance has seen significant improvement. However, to raise global visibility and attract greater investor interest, the companies should disclose more about their good practices.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-1024x684.jpg\" alt=\"\" class=\"wp-image-17254\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104570.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Mr John Lim, nominated Singapore corporate governance expert for ACGS and past SID Chairman, urged companies to disclose more.<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Prof Lawrence Loh, Director, CGS, presented on the performance trends of Singapore-listed companies in the ACGS. The performance was also compared between top and lower-scoring performers in various assessment categories.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-1024x684.jpg\" alt=\"\" class=\"wp-image-17255\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104636.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Prof Lawrence Loh presented on Singapore-listed companies\u2019 performance in the ACGS.<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">In the Q&amp;A session, Mr John Lim and Prof Loh discussed topics including ranking movements and the interplay between corporate governance quality and capital market performance. The event also featured the announcement of the Top 5 Singapore companies and the 53 Singapore entities in the ASEAN Asset Class.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-1024x684.jpg\" alt=\"\" class=\"wp-image-17258\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104780.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Prof Lawrence Loh (left) and Mr John Lim fielded questions from the audience.<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-1024x684.jpg\" alt=\"\" class=\"wp-image-17261\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD204407.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>The briefing was held at the SGX Auditorium.<\/em><\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Closing on a light-hearted note and encouraging companies to disclose more, Prof Loh quipped in response to Mr Lim Tuang Lee\u2019s PSLE analogy \u2014 PSLE could also stand for \u201cPlease Shout Louder Everybody\u201d!<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-1024x684.jpg\" alt=\"\" class=\"wp-image-17260\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104967.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>From left: A group photo comprising Prof Loh and CGS Advisory Board members Mr Yang Yuelin, Mr John Lim (Chair) and Mr Michael Tang.<\/em><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" data-id=\"17256\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-1024x684.jpg\" alt=\"\" class=\"wp-image-17256\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104660.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" data-id=\"17257\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-1024x684.jpg\" alt=\"\" class=\"wp-image-17257\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104747.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" data-id=\"17259\" src=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-1024x684.jpg\" alt=\"\" class=\"wp-image-17259\" srcset=\"https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-1024x684.jpg 1024w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-300x200.jpg 300w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-768x513.jpg 768w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-1536x1027.jpg 1536w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-1200x800.jpg 1200w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843-900x600.jpg 900w, https:\/\/bschool.nus.edu.sg\/cgs\/wp-content\/uploads\/sites\/145\/2025\/11\/DD104843.jpg 1616w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>At ACGS briefing, SID and NUS CGS urged ASEAN companies to disclose governance practices to boost visibility and investment.<\/p>\n","protected":false},"author":1186,"featured_media":17267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-17251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ASEAN Companies Urged to &quot;Shout Louder&quot; about Their Corporate Governance Practices - Centre for Governance and Sustainability (CGS)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bschool.nus.edu.sg\/cgs\/asean-companies-urged-to-shout-louder-about-their-corporate-governance-practices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ASEAN Companies Urged to &quot;Shout Louder&quot; about Their Corporate Governance Practices - Centre for Governance and Sustainability (CGS)\" \/>\n<meta property=\"og:description\" content=\"At ACGS briefing, SID and NUS CGS urged ASEAN companies to disclose governance practices to boost visibility and investment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bschool.nus.edu.sg\/cgs\/asean-companies-urged-to-shout-louder-about-their-corporate-governance-practices\/\" \/>\n<meta property=\"og:site_name\" content=\"Centre for Governance and Sustainability (CGS)\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-04T02:04:45+00:00\" \/>\n<meta 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