4.4 C
Friday, December 4, 2020

Monthly Archives: October 2015

Building lasting value at CDL Singapore

City Developments Limited (CDL) is a property and hotel conglomerate listed in Singapore and one of Singapore’s largest companies by market capitalisation. As Singapore’s property pioneer since 1963 with an impressive track record of having developed more than 36,000 luxurious and quality homes across diverse market segments and one of Singapore’s biggest landlords, CDL has over the past 50 years been committed to continually create value for our investors and stakeholders.

Mindtree: Roots to success

At Mindtree, we look upon good corporate governance practices as a key driver of sustainable corporate growth and long-term stakeholder value creation, explains Krishnakumar Natarajan - Chief Executive Officer of Mindtree

Shipshape governance at NOL

The weak global economic conditions and an increasingly competitive container shipping sector has hit the bottom lines of shipping and transportation companies across the world, but effective corporate governance helped Neptune Orient Lines Limited (NOL) steer its course through the waves of this challenging business climate. A strong partnership between NOL’s board and its management ensured operational efficiency and rigorous cost management for this shipping and transportation group, which handles about three million 40-foot equivalent units (FEUs) across 160 ports worldwide.

Finding the right board portal provider

The use of technology in the boardroom is not a new concept. The ability to consume a high volume of corporate information delivered through a browser that more directors are happy to consider a portable tablet solution as a viable alternative.

Gender Diversity: Moving from the why to the how

No matter your level of support for or interest in the issue of diversity in the boardroom, no one would disagree that it is a ‘hot topic’ in corporate governance circles and corner offices around the globe. Diversity in the boardroom can mean many things. When I started recruiting corporate directors in the United States about 18 years ago, diversity most often referred to ethnic diversity. Specifically there were efforts of various magnitudes to increase the representation of African Americans and Hispanics on boards.

Shareholders in French revolution

The so-called ‘Florange Law’ introduced a double voting right in every French-listed company. The sole opportunity for shareholders and firms to restore the ‘one share, one vote’ principle is to adopt an ‘opt-out’ provision by modifying the articles of association. This matter has become urgent since the double voting rights will be definitely granted in April 2016 to holders of registered shares after a registration period of two years in the company’s registry of shareholders.

Finding your next general counsel

If your general counsel (GC) unexpectedly resigned tomorrow without a successor, consider how many moving parts would come to a halt. Who would protect your company from the many risks associated with the business in our heightened regulatory environment? Who would manage your legal department and oversee your outside counsel?

Boards under pressure

Credit rating agencies, such as Moody’s, and shareholder advisory groups, such as Institutional Shareholder Services, now assess the effectiveness of boards’ risk oversight practices when rating firms and issuing voting recommendations. At the same time, board members are facing greater legal liability when risks are not adequately managed

Board Evaluation: The Key Drivers & Pitfalls

Some directors embrace it as the positive, value-added experience that a good evaluation can be. Some either want to rush through it or treat it as an exercise in compliance and simply ‘tick the boxes’. Others, who may have had a ‘bad’ experience with evaluation, consider it a waste of time or just don’t think they need it.