M. Damodaran, former chairman of the Securities and Exchange Board of India, sees at least two major positive trends for Indian business. One is a push for better corporate governance, such as the inclusion of more independent directors on boards and stronger auditing standards. Another is the fact that, unlike previous generations, India's younger entrepreneurs "don't shy away from asking the tough questions" and are willing to ride out failure in order to succeed. In an interview with Wharton management professors Jitendra Singh and Harbir Singh, coauthors of the book The India Way: How India's Top Business Leaders Are Revolutionizing Management (with Wharton's Peter Cappelli and Mike Useem), Damodaran spoke about what he envisions for India's business future.
The interview is in two parts. In the second, M. Damodaran asks Harbir Singh and Jitendra Singh some questions about their research on Indian companies.
See full Article.
Posts
