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For the past several years, companies have been releasing Business Responsibility Reports (BRR). On May 10, 2021, SEBI issued a circular introducing the Business Responsibility and Sustainability Report (BRSR), which will replace the Business Responsibility Reporting (BRR).
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We are at the tipping point for some of humanity's most pressing issues, from global food scarcity to extreme climate change, to workplace diversity. Our issues are mounting. At the same time, public trust in institutions and organizations is waning.
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Over the last decade, to improve corporate governance, increasing gender diversity has been an important issue for board rooms and Suites across the world.
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The authority, influence and power that a board is able to exert can depend upon factors beyond applicable laws, regulations, listing requirements, license conditions and contracts. More experienced directors may better...
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In 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.
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By- Institute of Directors | Authored by- Mr. Kai Taraporevala | Prof. Massimo Massa | Prof. Ludo Van der Heyden
Oct 06, 2022
In more than 20 years of teaching corporate governance, major surprises regularly surfaced when discussing the foundations of corporate capitalism with our students.
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By- Institute of Directors | Authored by- Mr. Martin Reeves | Dr. Jack Fuller
Oct 06, 2022
The idea that only entrepreneurs imagine new businesses, while big companies focus on managing established ones at scale, is falling apart. All companies face increasingly unpredictable environments and the prospect of stagnation or disruption if they do not continuously innovate.
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Independent directors are increasingly being seen as critical to effective corporate governance as they act as the gateway to safeguard overall stakeholders' interest.
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Ask 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.
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Is a board composed entirely of independent directors superior to a board with only insiders? Can we identify an optimal board structure that works for every company and in every circumstance? Over the past years, governance experts have attempted to answer these questions, often unsuccessfully.
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