Our Blog - Good Govern

Role of the Company Secretary in Raising the Quality of Board Governance

The role of a company’s secretary has evolved significantly in the last couple of decades. It is no longer restricted to administrative roles of organizing board meetings and taking notes. Rather, the role has expanded to maintaining good corporate governance and adding significant value to the company’s performance and growth.

Rise of Proxy Advisory Activism and What the Board Needs to Prepare For

Over the last couple of years, proxy advisory activism has risen in India. Proxy advisors advise institutional investors and shareholders of public companies on matters like they can vote on different issues. The institutional investors do not have enough time and resources to analyze the issues pertaining to companies in their portfolios.

A Performance Scorecard for the Board

An effective and well-functioning board is the key driver of a company’s value. Boards play a significant role in strategizing, defining a company’s objectives and goals, and executing plans. They are held accountable for responsible corporate governance, so they cannot afford to be inactive or ineffective.

Good Governance is Good for the Family Business

Family-run businesses are essential to the economic growth of any country. In several big economies, family businesses form the bedrock of the country. A BCG analysis suggests that family businesses form 48 to 74% of all manufacturing companies in Germany, India, and Indonesia.

Role of Chairperson on a Board

A good board is distinguished by its ability to implement a strategy that provides the company an edge over its competitors. They oversee that the company outperforms other competitors while maintaining standard compliance. According to the recent Economic Times Survey, India’s best boards include companies across different industries, such as HDFC, Mahindra & Mahindra (M & M), Dr. Reddy’s Laboratories, and Marico.

Role of a CEO in the Board Room

The Chief Executive Officer (CEO) is the highest executive rank in the company. Depending on the company’s constitution, CEOs are elected by the Board of Directors and the company's shareholders. The CEO makes major corporate decisions, manages the company's operations, and acts as the focal point of contact between the corporate operations and the Board.

Climate Change: Whose Problem is This Anyway?

Climate change refers to the observable and measurable deviation from the average climate conditions of Earth. Over the last couple of decades, the Earth’s temperature, sea level, and frequency of severe weather are increasing. Out of the ten warmest years, seven have been recorded since 2014. Although climate change is caused by different kinds of natural and human activity

Engaged Board: An Asset for a Sustainable Organization

An engaged and forward-thinking board is one of the greatest assets of an organization. Engaged board members are motivated to work collaboratively and develop critical strategies to take the organization in a creative direction. In an involved and proactive board, the directors and other board members are prepared for the meetings and excited to work towards the long-term strategic goals of the business organization.

Information Asymmetry in the Board Room

These famous lines delivered by Jack Nicholson in the classic 1992 film, ‘A Few Good Men’ epitomise the classic courtroom battle between Colonel Jessup, played by Nicholson, as he doggedly justifies the sacrifice of means for the desired end; and Tom Cruise, playing Lieutenant Kaffee, who adamantly demands a difficult truth.

Transparent & Accountable Governance

History repeats, but no one is wiser. The mightiest of mighty have skeletons tumbling out of its cupboard. To err is human, fine. But why do corporates err, again and again? Why don’t we learn from Satyams, Enrons and Lehmanns and thus desist from recurrence of bad governance? PMC Bank and now Karvy! Bad governance has started hurting the common man directly.

Do Start-ups Need Governance

Have you ever seen a toddler running? They’re unsteady on their feet, looking like they might topple over any moment but they confidently race ahead nevertheless. And if they do trip, they usually have a parent at hand to gently help them up, comfort them, and then off they go, running again, fall forgotten.

Humpty Dumpty had a great Board

If you ask someone to name a few corporate Humpty Dumptys that have had a great fall, odds are that they will rattle off 10-12 names in under a minute. Ask them to name trusted organisations, and their job becomes must harder. Truly, it should not be this way. And surely, if something big was brewing, SOMEBODY had to know, or at the very least, pretended not to know!

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