More women directors in Singapore companies but number still lags global average: MSCI

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

SINGAPORE - An annual report by the provider of a widely-followed stock market index found that Singapore-listed companies have more female directors but are still behind the global average.. Read more at straitstimes.com.

SINGAPORE - An annual report by the provider of a widely-followed stock market index found that Singapore-listed companies have more female directors but are still behind the global average.

MSCI's study also found 23.1 per cent of Singapore companies on its MSCI ACWI index had three or more women on their boards, below the average of 36.2 per cent. However, due to the small pool of female board directors, more women than men were"overboarded", meaning they served on three or more boards globally.

The marginal increase of 0.5 percentage point in the first half of 2019 also raised doubt on whether the council's target of hitting 20 per cent, or about 171 directorships, by end-2020 could be achieved. However, MSCI said its review of the available data suggests that most female directors are not considered overboarded and serve on one to three boards.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is the news paper still providing customer care support?

Jemm krengg

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore's Puma Energy to sell Australia fuels business for S$288 millionSINGAPORE: Singapore's Puma Energy, the retail and midstream arm of global commodities trader Trafigura , said on Thursday (Dec 19) it would sell ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »