The parable of Sun Hung Kai
Jul 27, 2012
Tycoons hamper Hong Kong’s governance status
Hong Kong is playing second fiddle to Singapore because of the overpowering influence of its business tycoons, an ACGA-CLSA study on corporate governance shows, citing Sun Hung Kai as an example.
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Surveying 864 listed companies across Asia-Pacific, including Japan and Australia, the Corporate Governance Watch 2012, painted a mixed picture of the region.
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