Asian corporate governance improves

Entitled 'CG Watch - Make me holy... but not yet!' - the CLSA report affirms the truism that companies that have good management also have good share price performance. The report grades companies in Asia as well as those in Latin America and Emerging Europe, Middle East and Africa according to seven key criteria, which measure each company's overall corporate governance. These are discipline, transparency, independence, accountability, responsibility, fairness and social responsibility.