Friday, February 24, 2006

V V Ranganathan: Making an independent choice


A position as a director on a company's board needs consideration of sundry aspects relating to the firm.

Now, let me deal with some of these risks and strategies for mitigating them. Let me dwell upon the first two rules. First, question whether it is a company that you really want to work with. Second, question whether you have the equipment and the knowledge to meet the expectations of the company and its regulators without assuming disproportionate risks. Let us take rules 1 and 2 together.

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