Tag: Hong Kong
News round-up: this week in governance
Glass Lewis shoots down WSJ opinion on ESG; Scottish accountants call for audit reform; how Hong Kong sees overboarding.
ACGA urges overhaul of Hong Kong corporate governance
Asian Corporate Governance Association criticises Hong Kong’s “soft-touch approach” and calls for gender quotas and fixed terms for non-execs.
Hong Kong reforms could see company directors’ details kept private
The Asian Corporate Governance Association (ACGA) warns that Hong Kong is running against global trends of increased transparency.
Investors signal unease with banks’ support for Hong Kong security law
Aviva Investors’ CIO reveals concerns about HSBC and Standard Chartered’s backing for the new law, which has been widely criticised.
Hong Kong companies ‘failing to integrate ESG’ into policies and planning
Report warns that a majority of Hong Kong companies still regard ESG as an “ancillary” subject and not a “key concern in actual company business”.
Controversy in Hong Kong over mandatory ESG reporting
While many organisations see mandatory ESG reporting as essential for the future of Hong Kong’s markets, others argue they are too expensive or undermined by a lack of standardisation.
Conflicts of interest: the global fight over dual-class shares
Dual-class shares are causing friction between institutional shareholders and stock exchanges across the globe, and big tech firms are the driving force behind it. How will it all pan out? And how will it affect corporate governance?
Activist attacks accounting and governance at Samsonite
Global luggage brand sees share price fall and stock trading suspended after claims by Texas-based activist investor that the company’s accounting needs independent examination.
Hong Kong firms see improvement in corporate governance
Public companies listed on two Hong Kong indices have seen a major improvement in corporate governance, but there is still work to do, according to PwC Hong Kong.
Legal and regulatory roundup: Asia
Legal and regulatory roundup from the Far East: new stewardship code in India, Hong Kong money-laundering measures, Singapore reviews governance code, China beefs up anti-corruption laws.