A distinguished panel assembled in Mumbai to discuss how Indian companies can raise their standards of corporate governance and ensure that their boards function more effectively. Chaired by Mr N Vaghul, former chairman of ICICI Bank, the panel discussed pertinent issues such as:
Where should the line between executive management and the board be drawn?
- How can boards function more effectively and what is the true role of the independent
directors?
- How much room for manoeuvre should the CEO have? And how much space will the board be in a position to give?
- Shareholders always look to the board to take responsibility; but what share of responsibility belongs to the executive management?
This report provides valuable insights into how Indian corporates are committing themselves to the governance process.
For information about copying, distributing and displaying this work, contact permissions@spencerstuart.com.