Thursday, January 10, 2008

'Transparency in governance help firms grow'


The key to success for Indian companies planning to go global is transparency in corporate governance, said S D Shibulal, Co-founder and COO, Infosys Technologies.

According to him, transparency in corporate governance will enhance the reputation of the company apart from raising the confidence level of investors: “It will help the company remain competitive and overcome challenges.”

“Corporate governance should be simpler. Disclosures are part of transparent corporate governance. At Infosys, we are following the same standards. Disclosures are vital to any company irrespective of their impact on the performance,” Shibulal said in his keynote address during the 8th National Conference of Practicing Company Secretaries on Friday.

He noted that Infosys made three major disclosures which helped the company improve credibility.

See full 'Article.