INDIACSR News Network PUNDUCHERRY: “We think that corporate governance is something that the company directors should take care of, company’s managing directors should bother about. Of late, I am thinking that this corporate governance has more to do with student community, because if you don’t bother about governance, there is no way the companies can [...]
By Asish K Bhattacharyya Companies have to make money. They need to generate surplus for sustainability and growth and to ensure adequate return on capital and return of capital to attract capital. Therefore, it is not surprising that shareholders’ interest gets priority over interests of other stakeholder groups. Accordingly, the primary role of independent directors [...]
NEW DELHI: Corporate Affairs Minister M Veerappa Moily today underlined the importance of good corporate governance, particularly in the context of inclusive growth. “We need to be extremely conscious of the fact that the growth also needs to be sustained and it has to be inclusive, otherwise we will be failing in our fundamental [...]
“CSR & Competitiveness” (A conference in support of Business Sustainability) Venue: Ramada Plaza Palm Grove, Juhu Beach, Mumbai, INDIA Date: May 9, 2012 send your queries to info@indiacsr.in URL of Conference Portal : www.conference.indiacsr.in
By Asish K Bhattacharyya As reported widely in the media, CLSA Asia Specific Markets, a brokerage firm, had written an open letter to Mr. S.D. Shibulal (the CEO and MD of Infosys )raising a few important and relevant questions on the company’s strategy. For example, it has questioned the marketing strategy, including the pricing strategy, [...]
Researches on the corporate governance of family businesses report ‘tunneling’ of funds from one company to another within the business group and also for personal benefit of the family members. By Asish K Bhattacharyya The recent ONGC share sale imbroglio, when the Life Insurance Corporation (LIC) was roped in at the last minute to rescue [...]
Mega CSR Conference in Mumbai on 9 May 2012 (A Conference in Support of Business Sustainability) Date: 9th May 2012 Venue: Ramada Plaza Palm Grove, Juhu Beach, Mumbai. Last Date of Registration: 15 April 2012 For more information please write : info@indiacsr.in Conference Contact : (0) 99810 99555 (Rusen Kumar) For detailed information: http://www.conference.indiacsr.in/index.php MUMBAI: [...]
By T.T. Ram Mohan Morning Star is a tomato processing company based in California, with revenues of $700 million and over 400 employees. These unremarkable facts would not qualify for a cover story in Harvard Business Review by management guru Gary Hamel (December 2011). What makes the company remarkable is that it has no bosses, [...]
Mr M. Veerappa Moily, Union Minister for Corporate Affairs, with Mr Adi B. Godrej, President-designate, CII, and Mr S. Raman, Chairman and Managing Director, Canara Bank BANGALORE: Inclusiveness and growth must complement each other and should go together, according to Mr M. Veerappa Moily, Union Minister for Corporate Affairs, Govt of India. Addressing a meet [...]
By Asish K Bhattacharyya Ashish K Bhattacharyya, Director, International Management Institute, Kolkata It is widely accepted that the presence of independent directors in the boardroom improves the quality of corporate governance. Accordingly, corporate governance mechanisms all over the globe, including in India, focus on ‘independent directors’. The Companies Bill 2011 includes number of new provisions [...]
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