• Home
  • News Reports
  • The risks of having minority controlling shareholders in firms

The risks of having minority controlling shareholders in firms

28 December 2017 | General News

Assoc Prof Mak Yuen Teen from the Dept of Accounting at NUS Business School noted there are many ways that controlling stakeholders can exploit their control at the expense of the company and other minority shareholders without being caught by interested person transaction and other rules.  He opined that it is critically important to have independent directors who are independent from management and controlling shareholders, and who cannot be appointed or removed just by controlling shareholders.

  • Home
  • News Reports
  • The risks of having minority controlling shareholders in firms