HONG KONG, Oct. 22 /PRNewswire-Asia/ -- The 2008 financial crisis significantly raised stakeholders' expectations of companies' commitment to transparency. Honest, straightforward and timely corporate reporting of both financial and -- increasingly importantly -- non-financial aspects of a company's operations are sought by all stakeholders. Such 'integrated reporting' will continue to increase in importance during the next ten years, so says April Chan, President of HKICS who is hosting their biennial Corporate Governance Conference this Friday and Saturday.
"Integrated reporting is the best tool to measure a company's performance. Short-termism is not a viable business model; it is the intangibles as much as the tangible assets and operations of a company that determine its culture and potential for long term success," said Mrs April Chan. "At the Corporate Governance Conference we are honoured to have a wide range of distinguished local and International governance experts and professors as the speakers. They will share with us their insights on this important global topic including current practices, trends and future development. A special thank goes to Professor K C Chan, SBS, JP, Secretary for Financial Services and the Treasury from Government of the Hong Kong Special Administrative Region who is our keynote speaker," Mrs Chan continued.
"A new feature this year is the electronic polling system, which will enable us to get instant feedback from delegates on important issues," added Mrs Chan.
About The Hong Kong Institute of Chartered Secretaries
More than meets the eye.
The Hong Kong Institute of Chartered Secretaries (HKICS) is an independent professional body dedicated to the promotion of its members' role in the formulation and effective implementation of good governance policies in Hong Kong and throughout mainland China as well as the development of the profession of Chartered Secretary.
HKICS was first established in 1949 as an association of Hong Kong members of the Institute of Chartered Secretaries and Administrators (ICSA) of London. It became a branch of ICSA in 1990 before gaining local status in 1994 and today has more than 5,000 members and approximately 2,500 students.
For more information, please visit HKICS website: www.hkics.org.hk
For media enquiries, please contact:
Ms Gloria Fung / Ms Elaine Cheung
Tel: +852-2881-6177
Fax: +852-2881-5050
Email: gloria@hkics.org.hk / elaine@hkics.org.hk
