MARKETS & INVESTING | Staff Reporter, Singapore

Singapore knocks Hong Kong off top spot in corporate governance ranking

Check out which countries made the cut.

Out of 12 countries in Asia-Pacific region, Singapore scored highest in corporate governance, according to a survey released by brokerage and investment group CLSA.

The city is closely followed by Hong Kong, Japan, Taiwan, Thailand, Malaysia, India, Korea, China, Philippines, and Indonesia.

The survey assessed markets based on a country’s cumulative score across five categories: corporate governance rules and practices, enforcement, political and regulatory environment, accounting and auditing, and corporate governance culture.

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