Corporate governance plays a pivotal role in ensuring the success and sustainability of modern businesses. At the heart of effective corporate governance are independent directors, who are responsible for providing unbiased...
Read more“Heterogeneous Board of Directors with independent thinking enforce Governance, and Diversity strengthens creativity.” -Pearl Zhu Backdrop Corporate Governance in the Corporate world is a much talked about topic...
Read moreWhile boards have always had to deal with periods of high turbulence and uncertainty, the current business environment poses unique challenges. Today, the global economy is undergoing transformations along multiple dimensions and...
Read moreWith the shortening of the economic cycles and the increasing likelihood of unforeseen economic uncertainties, the role of Independent Directors (IDs) has become more critical than ever in balancing shareholder and management...
Read moreThe start of a new calendar year can be a time for review, reflection, re-thinking, renewal and resolutions. For directors, these activities should involve more than defensive reactions to contemporary difficulties and short-term...
Read moreWith the privileges of limited liability for companies come certain obligations for their directors. These duties need to be addressed in addition to the responsibilities executive directors may have as managers leading business...
Read moreIn many jurisdictions around the world, “independent” directors, free from unjust ties from the organizations on whose boards they are serving on, have become a well established pillar of corporate governance systems and frameworks.
Read moreAsk any governance professional for an indicator of board effectiveness, and most will point quickly to 'director independence'. Governments and regulators around the world tend to agree, as it is a concept often at the forefront of governance codes and handbooks.
Read moreIndependent Directors (IDs) continue to be seen by academics, regulators and investors as cornerstones of modern corporate governance. In the UK, US and most other developed countries codes of corporate governance mandate that a majority of board directors – including the chairman of the board are deemed independent.
Read moreOver the years, the occurrence of large scale corporate frauds in India has nudged organisations to relook at and strengthen (in some cases overhaul) their corporate governance framework.
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