Similar corporate governance norms globally positive for financial markets

James S Turley, chairman and CEO, Ernst & Young Global visits India more often these days. With Indian companies now looking abroad for opportunities more aggressively than ever before, it has become important for them to adhere to global governance standards too.

And in his interaction with India Inc, he now finds great spirit and readiness to tap the global market, be it for capital or for selling goods and services. In an interview with P Vaidyanathan Iyer, he talks about the controversial Clause 49 and other governance issues dogging India and the developed world alike.

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