Saturday, July 17, 2010

Changes to listing rules.

It is heartening to note that changes to listing rules will be made in the not too distant future. Unless we have transparency and integrity, investors will shun us. While Bursa should take care of the major shareholders, they should not forget to protect the minority shareholders as well.

CEOs who are paid exorbitant salaries and other perks must be made to explain why they are worth so much. They should not be allowed to fatten their own accounts while that of the company is shrinking.

If you are about to invest in any company, you will do well to take a look at how the CEO and the other directors of that company are paid. The data is in the annual report.