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Faulty governance now undermines confidence in the market, says Jamie Allen, secretary-general of the Asian Corporate Governance Association in Hong Kong.Rising foreign ownership of companies is also forcing change, adding further momentum to the LDP's efforts.
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"They are doing what they should have been doing all along: removing clearly inadequate C.E.O.'s who in years past would have been sheltered by faulty corporate governance," they write.
Faulty Towers?
Faulty heater.
Faulty intelligence.
Intelligence is inherently faulty.
"A faulty connection".
Was it faulty?
"I got faulty directions".
Third, review governance.
"There is no governance".
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CEO of Professional Science Editing for Scientists @ prosciediting.com