Insight - FGV must come clean on excessive remuneration

One recent issue that came into light and has been the talk of the town is none other than the issue surrounding the hike of directors’ fees, more specifically that of the non-independent non-executive chairman (NINEC) of integrated global agri-business organisation FGV Holdings Bhd.

AT a time when the focus on responsible investing is gaining wider acceptance, we should never neglect the “governance” element – “greenwashing” of governance must be avoided at all costs.

Lately, there have been some governance issues that sparked serious concerns among both governance proponents as well the investors’ fraternity which to a certain extent can undermine the integrity of the capital market as well as being not in line with the protection of minority shareholders.