1. Few firms good enough for top governance prize

    Few firms good enough for top governance prize

    No company or organisation was good enough to win the highest prize in three of five categories of the corporate governance disclosure awards this year, the awards organiser, the Hong Kong Institute of Certified Public Accountants, said. Like last year, only two diamond awards, the top prize, were given. These two years saw the lowest number of top awards in its 13-year history, institute president Keith Pogson said. The largest number of diamond awards ever given in one year was four, said Pogs

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    1. The judges noted that many Hong Kong-listed companies and not-for-profit organisations still have more to do to benchmark their corporate governance practices and disclosures to the highest standards.