Thursday, December 5, 2019

Mainstreaming corporate governance / Thailand responsible business / China judicial integrity

Mainstreaming environmental, social and corporate governance (Blog).  “Unreliable [Environmental, Social and Governance] ratings impair investor decisions, market valuations, inter-firm and inter-market comparisons and risk assessments. Regulators need to engage in much more active oversight of compensation, incentives and transparency in this fast-growing field.

Frank Vibert/LSE Business Review: https://blogs.lse.ac.uk/businessreview/2019/11/28/mainstreaming-environmental-social-and-corporate-governance/

 

Government introduces responsible business network.  To promote sustainability in national development, the government introduced the Thailand Responsible Business Network (TRBN), in which companies in the capital market come together to promote sustainable and responsible business operations. The network was initiated as a result of the good governance in the capital market promotion campaign, celebrating the Coronation, by the Securities and Exchange Commission (SEC) and Thai Listed Companies Association (TLCA).

National News Bureau of Thailand: https://thainews.prd.go.th/en/news/detail/TCATG191203092648474

 

Chinese judge behind US$270 million business empire sacked, facing prosecution.  Zhang Jiahui, vice-president of the Hainan Provincial Higher People’s Court, was found to have accumulated – in collaboration with her former husband and son – assets worth almost 1.9 billion yuan (US$270 million); she is also accused of interfering in judicial processes and engaging in other acts of corruption.

Kinling Lo/South China Morning Post: https://www.scmp.com/news/china/politics/article/3040114/chinese-judge-behind-us270-million-business-empire-sacked

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