If the Chinese government wants to better insulate itself from a possible risk that there could be widespread allegations of fraud directed at several state-owned enterprises and internationally well-recognized Chinese companies, it needs to institute strong corporate governance policies on its more prestigious and successful companies.

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Christa Markwalder, a lawmaker from the pro-business Free Democratic Party, said she didn't think passage of the initiative would lead to an exodus of companies from Switzerland but would attract attention from other countries studying corporate-governance policies.

WSJ: Swiss Back Executive-Pay Controls

It seems, therefore, that the time is ripe to apply to the terror-enablers the divestment campaign techniques that proved so effective in South Africa - and, for that matter, with respect to bringing about change on such issues as corporate governance and accountability and companies' policies towards tobacco, environmental issues and so-called "sin" stocks.

CENTERFORSECURITYPOLICY: Divest terror

Despite the ire U.K. companies are facing from activists in their own backyard, across the globe they are recognized as leaders when it comes to corporate governance and transparent, shareholder-friendly executive compensation policies.

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He is chairman of the board's management development and compensation committee and also sits on the board's corporate governance committee and its finance committee, which oversees policies for managing credit and risk exposure at the firm.

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