Corporate Governance & Risk Management - by SARDANA

Corporate Governance Concerns in India By: Vijay Sardana Some of the well-known leading companies in real-estate, pharmaceuticals, steel, infrastructures, financial services, healthcare, FMCG, brokerage firms, banks, software companies, commodity companies, etc are facing both regulatory challenges, bashing from investors and consumers due to poor corporate governance .   In many cases their directors and senior managers are facing litigation including imprisonments, some are out on bail, others have applied for anticipatory bail many are denied starving aboard and under constant surveillance and in the worst situation, some of them have even committed suicide. It is important to know that once upon a time they all were big names and favourite guests of industry associations and on media and were considered as celebrities. All these shattered because they refused to accept their responsibility as good corporate citizens and violated corporate governance norms. Imagine t

How to retain market share & market capitalization in a highly-competitive hyper-connected world? By: Vijay Sardana As an independent director and member of various policy-making bodies both in private as well as public sector, author do get a chance to interact with many business leaders and investors on a daily basis and what I observed is that issues are most common but there is resistance in accepting the facts that things are going out of control due to several reasons. One of the reason is the lack of effective systems within the organisation. Even if there is a system, there is a lack of desire to follow the same by the decision makers themselves. This culture then percolates down the line and after some time the organisation loses the direction. Why Companies lose their market share and market capitalization ? Before we into this subject put yourself in the place of consumers and shareholder, then think and think again: ·       Do you want to buy any prod