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As custodians of corp governance, institutional nominees and independent directors can be watchdogs

Kavil Ramachandran & Sougata Ray 

Kavil Ramachandran & Sougata Ray Corporate governance has always been an area of concern in India. However, this attracts (merits) special attention when high-profile promoters themselves blow the whistle in companies whose boards are ornamented by eminent people. The Securities and Exchange Board chairman has also expressed anguish at the state of affairs in a recent interview. In all cases of poor governance, the ultimate loser is the economy and society. It is high time we addressed such challenges and created a more mature corporate governance culture. As custodians of corporate governance the non-executive directors, ...

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First Published: Tue, May 02 2017. 22:39 IST
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