Traditionally, corporate governance was viewed as a system by which companies are directed and controlled. While aspects such as board composition, independence, shareholder rights, and related-party transactions continue to garner attention, there are certain emerging facets to corporate governance that merit attention. What earlier used to be enforced compliance is now evolving into an empowered operating mechanism.
In recent times sustainability, technology and ethical leadership are gaining significance in boardrooms as well as the policy corridors.
Many corporates with exposure to global markets are evaluated on their environmental and social practices. Better performance on parameters such as emissions, waste management, human capital management, etc. lead to higher confidence amongst stakeholders on the longevity and resilience of the business.
Tech is now an omnipotent force in business design. An integrated end-to-end digital strategy empowers an organization to be agile, responsive, resilient, and adaptive to engage its ecosystem positively.
Every organization’s DNA pivots around its leadership. Ethical leadership is built on the pillars of independence, rationality, fairness, trust, equality, transparency, flexibility, candor, and intellectual humility.
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