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This comprehensive CHECKLIST is designed to help prospective directors gain a deeper understanding of their potential roles, responsibilities, the company's ethos, operations, governance
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The Institute of Directors held the Annual Directors’ Conclave rd 2023 and 33rd Annual Day Ceremony on Thursday, August 10, 2023 at Hotel Le Méridien, New Delhi.
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The 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...
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With 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...
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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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Independent 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.
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Over 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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