Invigorate corporate board through Indian scriptures

Mridula Sahay, Kuldeep Kumar

Research output: Contribution to journalArticleResearchpeer-review

Abstract

There have been scores of corporate failure all over the world due to poor corporate governance or lapse in well manage corporation at the board level; due to this transparency, accountability, fiduciary duty, interest of shareholders, etc. are impinged on. Erosion of values, wisdom, righteousness, fairness, equanimity in judgment, etc. are appear to be possible attributes responsible for accelerating to corporate turpitude. Hence, this paper attempt to draw attention of the board members to look in to Indian scriptures and harmonize them to achieve sustainable and effective good governance and accentuate on their potential in helping to fulfill board’s responsibilities effectively. It also discusses about principles and guidelines of Indian scriptures for good governance that can be adopted in today’s time.

Original languageEnglish
Pages (from-to)73-83
Number of pages11
JournalCorporate Ownership and Control
Volume12
Issue number3
DOIs
Publication statusPublished - 1 Mar 2015

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Corporate boards
Fiduciary duty
Corporate governance
Responsibility
Erosion
Corporate failure
Shareholders
Wisdom
Accountability
Fairness
Transparency

Cite this

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Invigorate corporate board through Indian scriptures. / Sahay, Mridula; Kumar, Kuldeep.

In: Corporate Ownership and Control, Vol. 12, No. 3, 01.03.2015, p. 73-83.

Research output: Contribution to journalArticleResearchpeer-review

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