The enforcer

Corporate governance is a woolly term. Since the baht went south in July 1997, it has been bandied about, misused and abused.

Only a few Asian companies owning families seem to get it it being that corporate governance is ultimately in their companys best interests and is not a Western conspiracy. For the most part, however, it has received mostly lip service.

And fund managers who made it their rallying cry in the aftermath of the financial crisis developed a startling amnesia in the wake of dotcom fever. All that talk of doing your credit research ... well done, boys.

If cajoling fails, if complacency sets in, if fund managers start to look the other way, then how does change happen

John Lennon quipped, Life is what happens while youre making other plans. In...

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