Page 9 - Corporate Governance

Insistence on rules led to 'soul searching' in companies: Injeti Srinivas

The corporate affairs ministry, which is implementing the Companies Act, has been taking steps to further improve the ease of doing business as well as ensure compliance with various legal requirement

IndiGo's Gangwal says won't sell stake amid feud with partner Rahul Bhatia

Gangwal, teamed up with Bhatia -- a former airline sales agent -- to create IndiGo in 2005, which quickly outpaced rivals to control almost half of the local market

IndiGo promoters' spat: Board to question Rakesh Gangwal on July 19

The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses

IndiGo promoter dispute: Gangwal limited financial risks, says Bhatia camp

Rahul Bhatia claims he has played more significant role and undertaken financial risks

Battered & bruised: How mistrust led to feud between two IndiGo co-founders

While the relationship between the two partners had deteriorated since August 2018, one last attempt at reconciliation was made at a meeting held in the offices of Bhatia's lawyer on May 28 this year

Competitor obsession promotes hubris

Cycles of human folly have played out for centuries, so why would people not continue withe their foolish acts?

Letter to BS: CEO, boards must follow the standards of corporate governance

Clawback provisions should apply not only to private banks but also to other RBI regulated entities like NBFCs

Corporate governance: More rules won't help

Strict enforcement of independent director's accountability for omission and commission of company drives away 'good' independent directors

Mahabharata of corporate governance

How a mythological story connects well with today's stories of governance failure

Fix it before it breaks

Where Murugappa and GMR score over Fortis and Raymond

Two decades of corporate governance law

Indian corporate governance reforms have kept pace with those in advanced nations, but the quality of corporate governance, in terms of compliance, has not improved

How to improve board dynamics

The 1990s Hubble Space Telescope episode can be adapted into a corporate governance tool if practitioners teamed up with academics/behavioural specialists to do so

Our boards, their boards

The power of corporate boards, no matter how luminous the personal credentials of each member, is invariably inversely proportionate to the charisma of the person at the top

Just let go and grow roses

To let go when necessary is also an important part of governance

Rule-based corporate governance: Does one size fit all?

'Comply or explain' approach in corporate governance regulations is most appropriate

Govt orders 83 investigations into corporate governance violations

Meanwhile, 13 cases have been assigned to the Serious Fraud Investigation Office (SFIO) till June 30

Beyond systems, processes and controls

These three need to be implemented with a clear understanding of purpose

Defining corporate governance

Human behaviour determines the implementation and the underlying purpose and process of governance

Multiple horns of multiple dilemmas

Principles and practices of corporate governance are easy to define, articulate, seemingly simple to comprehend, but difficult to practice

Promoting good governance

We need to look at governance practices as more than a compliance or survival requirement