“CG Watch 2016 – Ecosystems matter: Asia’s path to better home-grown governance” – CLSA – September 29, 2016

On September 29, 2016 CLSA Limited (CLSA), the Asian brokerage and investment group and the Asian Corporate Governance Association (ACGA) released Corporate Governance (CG) Watch 2016.  This is the eighth report co-published by the two institutions since 2003; it rates 12 Asia-Pacific markets and 1,047 companies.

Australia was included in this year’s report for the first time, but it was not included in the ranking.

According to the media release, “Singapore tops the CG Watch 2016 market rankings followed by Hong Kong, Japan, Taiwan, Thailand, Malaysia, India, Korea, China, Philippines and Indonesia. Australia was excluded so as not to skew past results as its CG score was significantly higher than top- ranked Singapore. ACGA assess markets based on a country’s cumulative score across five categories; CG rules and practices, enforcement, political and regulatory environment, accounting and auditing and CG culture.”

You may read the media release on the CLSA internet site.