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Wouldn't it be good to know that, in the wake of an avalanche of corporate malfeasances, there was a surefire and trustworthy way to gauge how well the listed companies in Asia are governed, rather than having to pore over their annual reports and financial statements? If CityU's Professor Stephen Cheung has his way, by the end of 2003 Asian and global investors could find solace in an innovative corporate governance scoring system he is currently devloping.
Enron, WorldCom, Adelphia Communications, Tyco International... The apparently endless string of corporate scandals not only sent embattled US investors scurrying for cover but also triggered off a new round of self-examination among Asian listed corporations and market regulators, including Hong Kong.
The 17th Congregation marked a new chapter in the lives of this year's 6,864 graduates.
Five CityU teachers have made their mark this year. The 2002 Teaching Excellence Awards (TEA) winners were selected on the virtue of their teaching skills, promotion of the University's teaching culture and the ability to keep students up-to-date in their subject areas, said Professor K S Chiang, Panel Chair of the TEA Scheme and Associate Head of the Department of Electronic Engineering.
On 25 November, seven days after the Independent Committee (IC) submitted a report on the recent events in the School of Law (SLW), the Council, decided unanimously to accept the IC's major findings and recommendations, but added a few caveats.