More corporate governance practices must be adopted

THE enormous challenge of corporate governance in a highly disparate business environment, where corporate frauds thrive, can be best met through a "triple bottom line approach", according to Dr Madhav Mehra, President of the London-based World Council for Corporate Governance (WCFCG).

Speaking to Business Line during the run-up to the fifth two-day international conference on corporate governance, with the theme of "Governance of corporations in a disparate world" in London next month, organised by WCFCG, Dr Mehra said that the three priorities for any corporate house are "people, planet (meaning the Earth) and profits", in that order.

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