Skip to content
Learning that drives better investment decisions

India and Singapore Most Independent

| |

Chart of the Day: #India has the highest board independence of 48% versus Asia at 39%

 

  • We look across 7,000 companies in nine Asian markets
  • Research tends to support the rationale that higher board independence better protects shareholders’ interests
  • India has the highest board independence of 48% compared to the Asian average at 39%, followed by Singapore at 46% and Malaysia at 43%
  • Thailand has the largest average board of directors consisting of 11 directors
  • It is important to note that different countries have different requirements in terms of board independence; it seems to correlate that Philippines and Taiwan are also the markets with the weakest requirements

 

DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.

Posted in Chart of the Day