A wake up call for the Boards in India

Recent scandals at some of the world’s largest and most respected companies are seeing corporate governance back in the headlines and a hot topic of discussion in boardrooms. These events have massive and potentially long-term ramifications on the industry, regulation, the economy, society, shareholders and of course the company’s hapless employees, most of whom are not complicit in the events. These global occurrences though thousands of miles away are a wake up call for board members in India. Incidents that discredit the reputation here would put the spotlight squarely on the board as much as management.

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