Corporate governance cannot be mandated: Irani

At a time when corporate governance has become a major cause of concern following the Satyam scam, Jamshed Irani, Director, Tata Sons Limited, believes that frequency of financials reporting is not so important, but accuracy and efficiency of the same is more crucial to ensure quality governance.

While delivering the first lecture of the ‘Gujarat NRE-AMA Center for National Integrity’ on ‘Corporate Governance through the Lens of an Indian Corporate’ Irani said, “Corporate governance is not something which can be mandated. In fact, it is a culture, which has to be built up gradually with strong link between the board and the management of the company.”