Thursday, August 11, 2005

‘Boardroom is not where corporate governance is born’


Sounds like we should not be expecting anything new to come out of this gentleman's boardroom when it comes to good governance. He seems to be waiting for someone else to do it.

OAM

See article:
True movement on corporate governance will not happen from the board of directors of companies, but from mature NGOs, according to Nachiket Mor, executive director, ICICI Bank.

He was addressing a gathering at the Director’s Power Breakfast Series 2005 organised by the Asian Centre for Corporate Governance, here on Wednesday.

Advocating the cause of non-governmental organisations in re-examining the corporate governance aspects, Mor said, “It should be public interest driven. India needs to follow the similar trend in Korea where NGOs set the agenda for corporate governance issues.”

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