Survey Reveals 77% of Boards Prioritise Sustainability As Key Responsibility
A global survey by INSEAD, Heidrick & Struggles, and BCG titled ‘Boards and Society: How Boards Are Evolving to Meet Challenges from Sustainability to Geopolitical Volatility’ found that 77% of Board members believe sustainability is their company’s responsibility.
India Inc. Reports Fewer CEO Departures, Signalling Better Leadership Stability
A recent report by EMA Partners India showed a significant decrease in Chief Executive Officer (CEO) exits among the Bombay Stock Exchange (BSE) 200 companies over the last five fiscal years.
Ravi Rajagopal Has Stepped Down From Fortis Malar Hospitals & Fortis Healthcare Boards
Ravi Rajagopal will step down from his roles as Non-Executive Independent Director at Fortis Malar Hospitals Limited and Chairman and Non-Executive Independent Director of Fortis Healthcare Limited, effective September 30, 2024.
Paradox: Board Stewardship for Trust in Corporate Governance
Indian corporates stand at a crossroads. The choice is clear: embrace a new model of Board stewardship that prioritises stakeholder trust, or risk falling behind in an increasingly transparent and accountable global market.
Boards: Human intelligence is important in the AI era
In the vast arena of corporate governance, the integration of artificial intelligence (AI) presents both remarkable opportunities and formidable challenges.
Audit Committees of corporate Boards cannot avoid culpability by blaming auditors: NFRA Chief
The Chairman of the National Financial Reporting Authority (NFRA), Ajay Bhushan Prasad Pandey, emphasised that a company's Audit Committee, primarily composed of Independent Directors, cannot shirk its responsibility for ensuring accurate financial statements, even if auditors fail in their duty.
Good corporate governance supported by women on Boards: Moody’s
Moody's Investors Service, a global credit ratings agency, notes that companies in advanced economies show a link between Board gender diversity and credit ratings, while those in emerging markets do not.
NFRA bats for effective, regular two-way communication between auditors and Boards
National Financial Reporting Authority (NFRA) along with other regulators is focusing more on improving "effective two-way communication" between the auditors and the audit committee of the board and independent directors of the company.