Hong Kong losing its edge as governance standards slip

A new report from the Asian Corporate Governance Association and CLSA reveals weakening commitment to reform.

Hong Kong losing its edge as governance standards slip
Amar Gill, CLSA, and Jamie Allen, ACGA, share the findings of their report

Donald Tsang once pledged to make Hong Kong a “paragon of corporate governance”. But, more than a decade later, some critics say the city is in danger of losing its competitive advantage as the improvement in standards has failed to live up to the promise.

A new report into corporate governance in Asia, released yesterday, showed that Hong Kong has slipped below Singapore as the region’s top-ranked market not including Australia for investor protections. Published...

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