Publication Type
News Article
Version
acceptedVersion
Publication Date
7-2026
Abstract
In a commentary, SMU Associate Professor of Accounting (Education) Yuanto Kusnadi and Kenneth Goh, Director of Private Wealth Management at UOB Kay Hian, opined that minority shareholders should understand the specific risks highlighted in company filings. They noted that the greatest risk of investing in a family-controlled company lies not only in its business performance, but also in how controlling families exercise their influence. While Singapore's regulatory framework provides safeguards for minority shareholders, these protections are not foolproof. However, they require significant transactions to be disclosed and give minority shareholders a voice, provided they review the circulars and exercise their voting rights.
Keywords
Family businesses, minority shareholders, corporate filings
Discipline
Accounting | Corporate Finance | Entrepreneurial and Small Business Operations
Research Areas
Corporate Reporting and Disclosure
Publication
Business Times (Singapore)
First Page
15
Last Page
15
ISSN
1733-8179
Publisher
Singapore Press Holdings
Citation
KUSNADI, Yuanto and GOH, Kenneth T..
The due diligence that investors in family businesses must not skip. (2026). Business Times (Singapore). 15-15.
Available at: https://ink.library.smu.edu.sg/soa_research/2121
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://www.businesstimes.com.sg/opinion-features/due-diligence-investors-family-businesses-must-not-skip
Included in
Accounting Commons, Corporate Finance Commons, Entrepreneurial and Small Business Operations Commons