File Attachment(s) Reserve for IOD Member Only BR Flash 1-2012 [ 143.98 kb. ]

The ASEAN Capital Markets Forum (ACMF)1 announced today the release of the ASEAN Corporate Governance Scorecard (ASEAN CG Scorecard).  Aimed at raising the corporate governance standards and practices of ASEAN public listed companies (PLCs), the ASEAN CG Scorecard and the assessment of corporate governance of ASEAN PLCs are among a number of major regional initiatives undertaken by the ACMF.  Funded by the Asian Development Bank, the ASEAN CG Scorecard is based on a corporate governance ranking methodology which leverages off methodologies already implemented in ASEAN countries as well as those applied by multilateral agencies such as the Organisation for Economic Co-operation and Development (OECD). To maintain the objectivity and independence of the methodology, the ACMF enlisted corporate governance experts in the region to develop the Scorecard and assessment criteria. The experts are recognised as authorities in the area of corporate governance and for their experience in corporate governance ranking initiatives. (download for more details)