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Good corporate governance is essential for aligning a company's interests with those of its community, fostering trust among stakeholders. Here are six signs of effective corporate governance:1. **Register of Members**: Every incorporated private company in Singapore must maintain an electronic register of members with the Accounting and Corporate Regulatory Authority. This register includes company and shareholder information. 2. **Defined Roles**: Clear definitions of roles for management and business owners are crucial for operational efficiency. The company’s business should be managed under the direction of its directors.3. **Appointment of Capable Directors**: While the law does not mandate specific qualifications for directors, it is important to appoint capable individuals to guide the company effectively.
