Corporate governance will become more equitable: KPMG's Arun M Kumar

The committee has made a number of recommendations that relate to independent directors and board engagement, among others, he adds

Arun M Kumar, chairman and chief executive officer, KPMG in India, and one of the members of the committee on corporate governance, shares with Sudipto Dey, implications of some of the key recommendations. Edited excerpts:
 
How will board dynamics change if all the recommendations are accepted?

Corporate governance is a field where you have to move forward through evolution rather than revolution. The committee has made a number of recommendations that relate to independent directors and board engagement, among others. These will help to make corporate governance more equitable for minority shareholders, as well as create long-term value