Corporate Governance & Risk Management - by SARDANA

'Poor Corporate Governance'  is like "Corona-virus" infection killing your Company By: Vijay Sardana Member, CDAC, SEBI Public Interest Director on Stock Exchange  Independent Director on  Financial Services Company Advocate, Delhi High Court Who is responsible for destroying once well-known high flying companies like Yes Bank, IL&FS, DHFL, Jet Airways, Karvy Broking, Satyam, ADAG, Unitech, Global Trust Bank, CG Power, Cox & Kings, JP Group, Altico, etc?  What was the common element in all of the above in their downfall? All had a very high profile, highly educated, experienced top management but very poor corporate governance. With the amount of digitization in the financial world, all black sheep will be exposed in the coming days. This will open the opportunities for New India.  Have you insulated your company from the same infection? When the promoter considers his company as his asset or his family asset and ignores symp