The judging criteria for a widely-followed award for corporate governance is being revamped to give shareholders a greater say and to add to its international credibility. In a new two-part process to be used this year, a team from the Sim Kee Boon Institute for Financial Economics (SKBI) at SMU will identify companies that score highly on its own SKBI Singapore Corporate Governance Index and those with good shareholder rights practices. The SKBI index, is based on principles developed by the Organisation for Economic Cooperation and Development and uses criteria such as equitable treatment of shareholders and transparency.

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