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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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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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In my lectures and conversations, I am often asked for signs of hope in the face of the global challenges and devastation of our time. Dr. Jane Goodall’s work in over 100 villages in several African countries gives me hope. ...
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Discussions around 'best interest' of the company visà- vis shareholders/owners, which is now becoming increasingly ground-zero topic, has set a pathway to this opinion piece on Board Governance to ensure sustainable value creation.
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Specifically, the murder of George Floyd and it changed our conversations, actions, and approaches to race and within that, gave stakeholder capitalism a renewed relevance.
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Purpose, priorities, goals and objectives can sometimes be critiqued, discussed and resulting changes communicated more quickly than the time many companies take to periodically review the strategies they employ to pursue and...
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During the height of the Covid-19 pandemic in 2020, human resources (HR) leaders rightly prioritized employee health and safety and then office re-openings, while also dealing with a myriad of unforeseen pressures, such as changing workers' expectations, reinvigorated social justice movements, and growing supply chain problems.
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When Tom Peters and Thomas Waterman Jr. wrote In Search of Excellence, first published in 1982, they set out to provide a blueprint for how companies can “stay on top of the heap”.
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Institute of Directors (IOD) is an apex national association of Corporate Directors under the India's 'Societies Registration Act XXI of 1860'. Currently it is associated with over 30,000 senior executives from Govt, PSU and Private organizations of India and abroad.
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