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Singapore companies see decline in anti-corruption disclosures, but matching Asean average: NUS Business School study

Michael Ryan Tan
Michael Ryan Tan • 2 min read
Singapore companies see decline in anti-corruption disclosures, but matching Asean average: NUS Business School study
The decline in anti-corruption disclosures across Asean a “red flag”. Photo: Bloomberg
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Singapore-listed companies scored 63% in the latest study on corporate disclosures on business integrity conducted by the Centre for Governance and Sustainability at the National University Of Singapore (NUS) Business School.

The biennial study evaluates the anti-corruption disclosures of the top 50 listed companies by market capitalisation in five Asean countries: Indonesia, Malaysia, the Philippines, Singapore and Thailand. 

This year’s score, which looks at companies’ FY2023 disclosures till Sept 30, 2024, is six percentage points lower compared to the city-state’s score of 69% in 2022. According to the study, the lower percentage was due to information that was previously published on the companies’ public websites shifting to companies’ intranets instead.  

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