Day 2 Programme
Astor Ballroom, Level 9, The St. Regis Mumbai
09:15 – 10:10
A session examining the governance of state-owned enterprises in China, India and other markets in the region. Are we seeing progress, regress or stasis? To what extent are governments insisting on higher CG standards in these enterprises? How do these enterprises compare with private firms in terms of board composition and practices, sustainability disclosure and gender diversity? Has the investment case for SOEs improved? And what effect are international standards of ESG having on listed SOEs around Asia?
10:10 – 11:05
What’s new in the family governance space in Asia? Should investors expect second- and third-generation family members to deliver better governance? Do family companies renew their boards frequently enough? Is Asian family governance becoming more complicated as the number of shareholders increases with each generation? Are family boards prepared for climate change and other sustainability challenges?
11:05 – 11:30
11:30 – 12:30
Geopolitics and capital markets
How are the ongoing tensions within the region and internationally affecting capital flows and investor confidence? Who are the winners and losers? Will international standards of CG and ESG suffer as a result of geopolitical tensions? To what extent does foreign capital still drive CG and ESG policy in Asia? What reforms are different markets and countries introducing?
12:30 – 13:30
Lunch Buffet, Astor Foyer
13:30 – 14:30
Post Adani: Lessons learned and CG reform in India
As the media and market move on from the Adani imbroglio, questions remain. Where was the stewardship from regulators and investors? What have investors—especially foreign institutional investors, who were most affected—learned? Have regulators become more focussed on cross-shareholdings, related-party transactions and more robust CG reforms? What are the lessons for companies?
Conference ends for public participants.
15:00 – 16:30
ACGA Town Hall (for ACGA members only)